Spice Expeditions led a $88m funding round in Salmon.

Spice Expeditions, a venture capital firm, led a $88m funding round in Salmon, an emerging markets financial services firm, with participation from International Finance Corporation, Northstar and Back in Black Capital. “Salmon is on a mission to revolutionise banking in Southeast Asia. For too long the legacy banks in the region provided sub-standard product, service and customer experience, and the Philippines is the case in point of this. At Salmon, we believe in the quality of our technology and proprietary AI solutions to bring customers better products, of which the most empowering is access to credit," Pavel Fedorov, Salmon Co-founder.