Fintech
Transforming lives, supporting financial inclusion, shaping the future of fintech
In today’s rapidly changing financial landscape, Tala has emerged as a beacon of hope and empowerment for millions of people in Kenya, the Philippines, Mexico and India.
As a leading fintech company, Tala is committed to empowering underserved populations with the financial tools they need to improve their lives. Our commitment to financial inclusion and innovation has not only transformed the lives of our customers, but has also positioned Tala at the forefront of the fintech revolution.
Tala’s mission is “Unlocking the Economic Power of the Global Majority.” At Tala, we use the term Global Majority to describe the portion of the world’s population that, despite having trillions of dollars of economic power, has historically been excluded from access to financial services.
With over 8.5 million customers worldwide, we have seen firsthand the profound impact our services have on individuals and communities. Using advanced data science and machine learning, Tala delivers personalized financial solutions that meet each customer’s unique needs.
Our mobile app provides quick and easy access to loans, allowing users to cover unexpected expenses like medical bills, start and grow their “side hustles,” and achieve their personal goals.
For example, Jane Mwangi, who lost her business at the height of Covid-19, used Tala loans to rebuild and eventually expand her business. She is now able to generate regular profits and save for unexpected emergencies. Stories like Jane’s are a testament to the transformative power of financial inclusion.
At Tala, we believe that financial inclusion is not just a goal, but a fundamental right. Traditional financial institutions often exclude individuals who lack credit history or collateral. Tala bridges this gap by using alternative data points, such as mobile money usage and social media activity, to assess creditworthiness. This innovative approach has allowed us to extend credit to millions of people who would otherwise be denied access.
In addition to providing credit, Tala is committed to promoting financial literacy. Our platform offers educational resources that help customers manage their finances, save effectively, and make informed financial decisions. By empowering our users with knowledge, we are fostering a culture of responsible lending and financial resilience.
The fintech industry is on the verge of a revolution and Tala is proud to be a pioneer in this space. Our vision for the future includes expanding our range of financial products and services to meet the evolving needs of our customers. We are exploring partnerships with other fintech innovators and ecosystem players to offer more comprehensive solutions to our users.
Additionally, Tala is investing in cutting-edge technologies such as blockchain and AI (artificial intelligence) to improve the security, efficiency and user experience of our platform. These advancements will enable us to offer even more reliable and accessible financial services, further cementing our role as a leader in the fintech sector in Kenya and beyond.
Sustainability is also at the heart of Tala’s growth strategy and we are committed to creating long-term value for our customers, employees and stakeholders. By prioritizing social impact alongside financial performance, we are building a company that not only thrives but also contributes positively to society.
Our efforts to promote financial inclusion and empower underserved communities are aligned with the United Nations Sustainable Development Goals (SDGs). By driving economic growth and reducing economic inequality, Tala is playing a critical role in building a more inclusive and sustainable world.
Tala’s journey is one of innovation, inclusion, and impact. As we continue to expand our global reach and enhance our product offerings, our commitment to improving lives and advancing financial inclusion remains unwavering. We are excited about the future of financial technology and the endless possibilities it holds for creating a more equitable financial system.
For millions of people around the world, Tala is more than just a financial services provider. We are a lifeline, a partner, and a catalyst for positive change. Together, we are shaping a brighter future where financial opportunity is accessible to all.