Salmon’s Role in the Financial System of the Philippines
Recently, I had the opportunity to be interviewed by Maansi Vohra at the 2024 ECHELON conference, where we discussed the challenges posed by the Philippines’ “closed loop” legacy financial system and Salmon’s mission to transform it. During the interview, I explored Salmon’s commitment to delivering accessible, transparent, and convenient financial services – unlocking the Philippines’…
Pavel Fedorov (Salmon) on building a challenger bank in the Philippines, the Tinkoff Playbook and why credit first – The Enthusiast podcast
In this episode, I shared insights into scaling Salmon. We discussed how Salmon tackles the untapped market for flexible credit solutions, catering to the 107 million Filipinos who lack credit cards. Here’s a glimpse: Why the Philippines? The Philippines’ unsecured consumer lending market is booming, projected to exceed $80 billion by 2028, with a robust…
Make the Philippines Great Again
One of my venture capitalist friends recently called me. “You guys are doing a fantastic job in the Philippines with your bank; you’re absolutely killing it. But it’s time to move on and open up another market.” I was perplexed. Why move when the Philippine economy is red hot? The consumer class is emerging, foreign…
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