EPISODE INTRODUCTION

Raffy Montemayor of Salmon joins us to share how they are helping Filipinos get access to loans with their POS lending service. Raffy will share his very interesting career origin story with stops in Agoda, OLX, Carousell, and many more. He will also share how he and his co-founders ended up founding Salmon from a previous commitment. Raffy also shares the impressive growth they've achieved along with their most recent $20 million debt financing round.

Episode Topics

00:09:13 - Saving habits and financial culture

00:12:15 - Filipinos' fiesta mentality

00:22:33 - Sales and negotiation skills

00:26:54 - Patience in the sales process

00:32:02 - Credit card approval rates

00:36:31 - Enduring credit card rebate

00:45:24 - Real e-commerce revenue

00:56:03 - The downfall of group buying

01:00:10 - Moving towards profitability

01:12:33 - Growing financial services in Philippines

01:16:29 - Founding Salmon

01:19:19 - Being a zero to one founder

01:31:08 - Lack of exposure to fundraising

 Quotes

“Imagine you know the industry well, you have the great relationships and you can use data, then it really unlocks a lot of opportunities.” - Raffy Montemayor

Connect with raffy:

Raffy Montemayor (LinkedIn): linkedin.com/in/raffymontemayor

Salmon (Website): https://salmon.ph/

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