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Tala Stock
Mobile Technology for Financial Services
About Tala Stock
Tala is a microloan provider in developing countries. More than 2 million people have borrowed through Tala’s smartphone app, which aims to provide instant credit scoring, lending, and other personalized financial services in emerging markets. Tala claims to provide personalized loans to approved borrowers and builds digital credit history. The company provides these loans through a mobile app where the entire process happens, from loan application to funds release and status tracking.
Tala was founded in October 2011 and its global team is headquartered in Santa Monica, with additional offices in Nairobi, Manila, Dar Es Salaam, Mexico City, Mumbai, and Bangalore.
Investors
Data Collective
Databricks, Zymergen, Plenty, SentinelOne, Planet, Qumulo, Illumio, Checkr, Tala, Rocket Lab
IVP (Institutional Venture Partners)
UiPath, Compass, Attentive, Coinbase, Rubrik, Domo, Discord, Brex, Sumo Logic, DoubleVerify
Lowercase Capital
Stripe, Slack, Twitter, Automattic, Lookout, Twilio, Tala, Optimizely, Medium, Carbon Engineering
PayPal Ventures
Tradeshift, Tala, Raise, Olo, Ellevest
Revolution
Scopely, Tempus, Aura, Sweetgreen, DraftKings, Optoro, BigCommerce, Tala, Uptake Technologies, Revolution Foods
Thomvest Ventures
Kabbage, Figure, Tala, Harness, LendUp, Ecobee, Cylance, Clari, Skyhigh Networks, NetBase Solutions
Funding History
| October 2011 | $318K |
|---|---|
| August 2013 | $2.0M |
| June 2015 | $10.3M |
| December 2016 | $30.3M |
| February 2018 | $60.0M |
| April 2019 | $125M |
Management
Chief Executive Officer
Shivani Siroya
Chief Financial Officer
Jen Loo
Press
ft - May, 17 2020
CNBC - Jan, 3 2020
FT - Aug, 21 2019
Tech Crunch - Aug, 21 2019
techmoran - Mar, 18 2019
reuters - Oct, 22 2018
Other Companies
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