Tala is the world’s leading money app for the global majority (underbanked populations), bridging digital and cash ecosystems in emerging markets to help more people fully unleash their economic power. Tala has served 9 million customers and disbursed over $5 billion in loan originations in Kenya, the Philippines, Mexico, and India used by customers to grow their businesses and financial lives. Today, Tala processes nearly $200 million in monthly transactions for more than nine million customers.
52% of the world’s population is underserved by legacy finance — financial infrastructure isn’t built for them. Tala has been leveraging advanced technology and human creativity to unleash the economic power of the Global Majority. We design responsible, accessible and transparent financial products, providing instant access to the capital and tools that help people earn money today and build wealth for tomorrow. Our mobile-first financial platform provides instant access to the capital and tools they need to earn money today and bridge income gaps because the world benefits when everyone can participate.
Tala has raised over $350 million in equity from visionary investors, including PayPal Ventures, Upstart, Stellar Enterprise Fund, RPS Ventures, J. Safra Group, IVP, Revolution Growth, and Lowercase Capital. Tala has been named on CNBC’s Fortune Impact 20 list, CNBC’s Disruptor 50 list four years in a row, and Forbes’ Fintech 50 list for seven consecutive years.
Website – tala.co