Our founder and CEO, Shivani Siroya, sat down with CoinDesk during #Meridian2024 to officially announce the launch of our new crypto wallet! Powered by the Stellar Development Foundation's Network and integrated seamlessly into our app experience, Tala's crypto wallet leverages blockchain technology to address the Global Majority’s unique financial challenges, such as a safe place to hold virtual assets and access to affordable credit. 📺 Watch the the full interview here: https://gotala.co/48iUQa9 📖 Read the announcement here: https://gotala.co/48jwv45
Tala
Financial Services
Santa Monica, California 50,888 followers
Unleashing the economic power of the global majority.
About us
Tala is the first financial platform for the Global Majority. Our leading money app bridges digital and cash ecosystems to deliver instant access to credit, payments, savings, and transfer services to millions of customers on three continents. Powered by advanced technology and human creativity, Tala is reinventing financial infrastructure to solve what legacy institutions can’t or won’t, in order to unlock global economic progress. Tala has raised nearly half a billion dollars in investments and debt, backed by leading venture and impact investors including Upstart, the Stellar Development Foundation, RPS Ventures, the J. Safra Group, IVP, Revolution Growth, Lowercase Capital, and PayPal Ventures. Tala has been named to Fortune’s Impact 20, CNBC’s Disruptor 50 list four years in a row, and Forbes’ Fintech 50 list for eight consecutive years. Tala’s impact has been highlighted by the New York Times, NPR, Forbes, the Financial Times, the Wall Street Journal and TED, among others. Tala is headquartered in Santa Monica with offices in Nairobi, Manila, Mexico City, and Bangalore.
- Website
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http://tala.co
External link for Tala
- Industry
- Financial Services
- Company size
- 501-1,000 employees
- Headquarters
- Santa Monica, California
- Type
- Privately Held
- Founded
- 2011
- Specialties
- Mobile Technology, Credit Scores, Financial Inclusion, Big Data, Economic Development, Direct Lending, Emerging Markets, Data Science, Risk Analytics, and Fintech
Locations
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Primary
1633 26th St
Santa Monica, California 90404, US
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Employees at Tala
Updates
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Tala reposted this
Beyond thrilled to unveil the news about Tala’s new crypto wallet that is integrated seamlessly into our app experience. Thank you #Meridian2024 for giving us the platform to announce it globally. This has been two years in the making, and it shows what a small team that is focused and mission-driven can do. Thank you to ajay rajani for coming back to Tala to help steer and drive this vision forward — and creating the next set of tools for us to continue to open up access and value for the Global Majority. The potential of blockchain technology to solve real-world problems, especially for the Global Majority is real. The reality is that many institutions can’t or won’t bring cutting-edge financial tools to underserved regions, but that’s exactly what Team Tala wakes up every day determined to do. This new experience leverages the Stellar Network and equips the Global Majority with the ability to deposit, borrow, and spend as consumers like the rest of us. We are leapfrogging them into the finance of the future with seamless and lower-cost movement of money in their hands. We developed this strategy by taking an ecosystem approach and leveraging the unique capabilities of each partner with a bold eye toward global scale and impact. I will share more in the coming weeks on what’s next and how this all came about. It’s been a great journey so far, with many lessons learned, and I’m excited for the team to share it more publicly!
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Last month, Tala Philippines’ General Manager, Moritz Gastl, participated in a panel at a Razor Capital x Green Talks event in Singapore to discuss Southeast Asia’s innovative and rapidly evolving fintech landscape 🚀.
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Did you know that Tala turned 10 years old this year? Watch as our Tala Kenya team celebrates this significant milestone and reflects on their hard work towards creating an inclusive financial system that benefits everyone. As we look ahead to the next decade, we remain steadfast in our mission of unleashing the economic power of the Global Majority. 🚀 🌍 #Tala10
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Our Chief Legal Officer, Damier Xandrine, recently joined Brightflag's In-House Outliers podcast with Alex Kelly to discuss her career journey and how knowing the ins and outs of a business can help in-house legal teams to do their best work. Listen to the full episode here: https://gotala.co/4eMGqS6
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Mia Lim, People Director of Tala Philippines, recently participated as a panelist at the Sprout Solutions Talent Management Strategy Forum in Manila. During the event, she shared valuable insights on employee development and highlighted Tala's use of tools that streamline performance strategies and management processes on our People teams.
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Earlier this week, our CTO, Kelly Uphoff, took the NYSE Tech Summit stage in NYC 🍎🗽to discuss the future of global finance innovation. Alongside tech leaders from Citi, Maya, Airwallex, Nubank, and QED Investors, Kelly explored cutting-edge AI solutions that are enabling Tala’s journey of global expansion and its mission to bring next-gen technology and financial services to the Global Majority.
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Tala reposted this
If you’ve been following Tala, you’ve likely heard me refer to our customers as the “Global Majority” — the 52% of the world’s population who hold trillions in economic power and yet have been historically excluded from essential financial services. While Team Tala knows this population well, all too often they’re overlooked or misunderstood within research and global decision-making forums. That’s why we’re working with the Atlantic Council to help define and raise awareness of the Global Majority, expanding the notion of what financial inclusion and well-being look like. (See comments for the report link.) I am energized by the conversations during UNGA week and how global changemakers are tackling the issues that the Global Majority face and their innovative solutions, from climate change to gender inequality. And so, in the spirit of the theme of this year’s Clinton Global Initiative Conference, I want to share what’s working to unleash the economic power of the Global Majority: ✔️ Solving a systems problem with a systems approach ✔️ Staying close to the customer base + being empathetic to their problems ✔️ Questioning the status quo and being bold in our efforts to prove another way is possible ✔️ Leveraging research as an advocacy and educational tool so more people are empowered to work on this issue ✔️ Meeting people where they’re at, and then helping them grow to meet their goals ✔️ Last-mileing technology to extend more access to crucial money mobility tools
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A few weeks ago, we were honored to host a distinguished delegation from the Central Bank of Kenya, Bank of Tanzania, and the National Bank of Rwanda (NBR)! As part of a Central Banks knowledge exchange program on digital lending regulatory frameworks, the delegation sought insights into how digital credit providers (DCPs) operate and navigate regulatory frameworks. Both Tanzania and Rwanda are in the process of shaping their own digital lending regulations and we were thrilled to share our expertise on: - Our products and processes - Compliance requirements - Customer experience journeys - Data protection & consumer protection - Financial education This collaborative approach between regulators and sector players signals a bright future for financial inclusion across East Africa! 💡
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We’re thrilled to share that our CFO, Jennifer Loo, was recently recognized as a finalist for the 2024 Los Angeles Business Journal's CFO Awards! Jennifer’s leadership, strategic counsel, and exceptional financial acumen have been pivotal in helping the company navigate various economic climates while ensuring financial access for the global majority. Your hard work and passion inspire us. Congratulations, Jen!
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