Salmon raises $100M in equity and debt to bring digital credit to underbanked Filipinos
Salmon is targeting underbanked Filipinos, with little to no credit history, as well as people unhappy with the incumbent lenders’ reliability issues.
neobanks
UK is delaying Revolut’s banking license over risk management concerns
Revolut’s full banking license is on hold because U.K.’s central bank is concerned whether the startup can maintain its risk controls in the face of its rapid international expansion.
