See other companies on Welcome to the Jungle
Tala
Financial services in emerging markets
- 501-1000 employees
- B2C
- Financial Services
- SaaS
- Mobile
- Santa Monica, CA
Jump to section
Company mission
To build a modern credit infrastructure where consumer credit is more accessible.
19% employee growth in 12 months
Our take
Billions of people across the globe are unable to access traditional forms of credit, typically because of a lack of credit history or inconsistencies in their records. When making credit decisions, banks will rely on third party credit scores, whilst online lenders look at an applicant's financial history.
Tala is addressing this shut-out segment with an innovative model to assessing eligibility for a loan. Focusing on behavioral data tracked through its Android app, it creates a custom credit profile by analysing a customer's texts and calls logs, merchant transactions and overall app usage. Its machine learning algorithms then evaluate individual risk and provide instant loans.
More than 2 million people in emerging markets in countries such as India and Kenya have borrowed through Tala. The business has lent over $1b to consumers to date and is now scaling up its operations in India. That's not to say it's without competition – Branch (supported by Visa) is a core competitor in many markets.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Work from home opportunities
- Health insurance
- Free massages in the office
- Ping pong
- Go-karting
- Healthy snacks
- Sponsorship opportunities to attend professional conferences
- Intramural leagues
- Opportunities to travel to the international offices (Mexico City, Nairobi, Manila and Bangalore)
- Every Tuesday an expert teaches a master class
- Workout classes
Company values
- Believe in people
- Listen and learn
- Prove potential by any means
- Challenge our limits
Funding (last 2 of 9 rounds)
Oct 2021
$145m
SERIES E
Aug 2019
$110m
SERIES D
Total funding: $350.7m
This company has top investors
Leadership
Shivani Siroya
(CEO)Shivani has worked as an Analyst for Credit Suisse, UBS Financial Services, Citigroup, Janani and the United Nations Population Fund. Shivani is currently a Young Global Leader, a community of action-oriented individuals acting to shape a better future, a feature of the World Economic Forum.
Articles
Jobs (3)
Product
Finance, Legal & Compliance