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! 💡
Tala
Financial Services
Santa Monica, California 50,528 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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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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Register to hear our CFO, Jennifer Loo, talk about leading Finance in a hyper-growth environment at the CFO Connect Summit next week. Details Below 👇 🗓 Date: October 10th, 2024 🕚 Time: 11:30 AM - 12:20 PM EST 💻 Link to Register: https://bit.ly/4bYAmDT
I'm excited to be speaking at the upcoming CFO Connect Summit, powered by Spendesk on October 10th!🚀 Join me for an engaging discussion on how to lead Finance in a hyper-growth environment. I’ll be sharing insights from my career journey, including my time at Tala, alongside other experts like Pigment’s Global Head of Strategy, Jay Peir, Numida (YC W22)'s CFO, Nelly M., and Eight Roads' Partner, Maria Hedengren! Register today for your free virtual seat: https://bit.ly/4bYAmDT
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We are thrilled to have participated in the Financial Inclusion Conference and Investor Expo 2024 hosted by the Association of Microfinance Institutions - Kenya (AMFI-K)! Over two days, we connected with industry leaders, policymakers and investors committed to driving #FinancialInclusion. Tala Kenya's General Manager, Mumbi, shared about how Tala is using cutting-edge #AI and machine learning to bridge the credit gap for underbanked communities, while highlighting the advancements in increasing access to credit and the impact on customers’ lives over the last 10 years. By leveraging data, we’re creating new opportunities and transforming financial access for the global majority 🌍.
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🚨Just released: the Atlantic Council published a new brief discussing financial inclusion for the global majority. With Tala’s support, the brief and forthcoming research will help close knowledge gaps and advance a new financial inclusion agenda. We’re excited to further our mission to unleash the economic power of the world’s population who have historically been excluded from accessing basic financial services. Read the full brief by Dr. Nicole Goldin, PhD below👇
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This week, our CTO, Kelly Uphoff, took the stage at Lesbians Who Tech & Allies in NYC to talk about how we’re using cutting-edge #AI to unlock financial access for the Global Majority! From using alternative data to leveraging new technologies like large language models (LLMs), we’re breaking down barriers and creating opportunities for those underserved by legacy systems, unlocking a $10T economic opportunity. A huge thank you to #LWTSummit for the opportunity for Tala to be part of an inspiring community of leaders in tech, business, and media!
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We were excited to sponsor and participate in the inaugural East Africa Investment Forum in Dar es Salaam, Tanzania, hosted by TAFINA! Our Kenya Head of Public Affairs took the stage during a panel on Regulatory Frameworks and Policy Implications, emphasizing the importance of proactive engagement and open dialogue between fintechs and regulators to foster innovation while safeguarding consumer protection. At Tala, we're dedicated to collaborating with regulators to build adaptable, forward-looking frameworks that lower barriers to entry and create a predictable, innovation-friendly environment. We believe harmonizing regulations across jurisdictions is vital to ensuring fintech solutions drive financial inclusion, especially for underserved communities.
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Meet Michelle, a single mom who grew her financial health with Tala so she could buy a home for her family. This is her #TalaStory. We’re unleashing the economic power for customers like Michelle around the world. Join us → gotala.co/careers
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We're advancing responsible AI adoption in finance. At the 2024 Manila Tech Summit, Moritz Gastl, General Manager of Tala Philippines, shared insights on how machine learning helps provide better access to loans for customers. He emphasized, “It’s all about putting out all the cards on the table and giving fairness and transparency to the customers.” Tala remains committed to ethical AI, customer education, and data protection, working closely with regulators to create a fairer financial landscape. Read more about Tala’s responsible AI efforts. 👇
Tala pushes for responsible and transparent AI adoption in lending - Tala Philippines
https://tala.ph
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Today, only 4% of fintech firms are led by women, and we're proud to break the mold. At Tala, we know that representation matters—not just in the workplace but in better serving our global customer base. Learn more about how we do this from our CTO, Kelly Uphoff.👇
I recently spoke with The Business Journals Bizwomen’s Cindy Barth about how we're building a culture of representation at Tala, with women well-represented on our executive team. Our company culture stems from our mission to serve the global majority—one rooted in inclusion and equality of opportunity. I’m proud to be part of a company that continues to innovate and challenge the status quo. Read more here: https://lnkd.in/ejuZaxiJ
Fintech Tala brings loan access to the underserved ‘global majority’ - The Business Journals
bizjournals.com