Tala news and trends

Emerging Market FinTechs Poised to Drive Innovation and Inclusion in 2024
Fintech Investments // December 28, 2023

In 2023, the FinTech landscape experienced a transformative surge of innovations, reshaping financial technology from its core. These advancements, spanning cutting-edge technologies and the evolution of business models, have ignited a pivotal shift that goes beyond mere functionality, altering how financial services are accessed and...

When There Is No FICO: AI and ML Transform Emerging Market Lending
Artificial Intelligence // December 05, 2023

Artificial intelligence (AI) and machine learning (ML) are no longer emerging technologies. The innovations have officially arrived, and they are already having an impact around the globe – particularly within payments and finance. “There’s a lot of data science magic that goes behind the simple...

Data Helps FinTechs Forge Much-Needed Path to Profitability
Data // November 28, 2023

For FinTechs, capturing data, analyzing it, and perhaps even monetizing it through partnerships will help determine who’s profitable, and ultimately, which FinTechs survive and thrive. And profits are sorely needed. As Sezzle CEO Charlie Youakim told Karen Webster, “it’s going to be a tough year.”...

Microcredit Puts Loans Within Reach of Emerging-Market Consumers
Consumer Finance // October 18, 2023

From buy now, pay later (BNPL) to credit card installments, there are diverse credit and lending products available to consumers today. However, for two-thirds of the world’s population, particularly in emerging markets, access to formal credit can be extremely challenging, if not impossible, says Kunal...

Interviews & Exclusives
Will 2024 See Crypto Make Good on Its Financial Inclusion Promise?

January 04, 2024
Crypto had a bumpy, and at times wild, 2023. But industry observers and participants continue to believe that blockchain technology and cryptocurrencies have the potential to revolutionize financial inclusion for marginalized and unbanked communities worldwide. There are many ways in which blockchain technology and cryptocurrencies can remove barriers, such as a lack of digital identity, for underserved individuals […]

Emerging Market FinTechs Poised to Drive Innovation and Inclusion in 2024

December 28, 2023
In 2023, the FinTech landscape experienced a transformative surge of innovations, reshaping financial technology from its core. These advancements, spanning cutting-edge technologies and the evolution of business models, have ignited...

When There Is No FICO: AI and ML Transform Emerging Market Lending

December 05, 2023
Artificial intelligence (AI) and machine learning (ML) are no longer emerging technologies. The innovations have officially arrived, and they are already having an impact around the globe – particularly within...

Microcredit Puts Loans Within Reach of Emerging-Market Consumers

October 18, 2023
From buy now, pay later (BNPL) to credit card installments, there are diverse credit and lending products available to consumers today. However, for two-thirds of the world’s population, particularly in...

Quick Reads
Tala Money App Gains 800,000 New Customers in First Half

July 20, 2023
Tala added 800,000 new customers in the first half of the year — a 114% increase in growth compared to the first half of 2022. More than 8 million customers across four markets — Kenya, India, the Philippines and Mexico — are now using the money app for the underbanked, Tala said in a Thursday […]

FinTech Tala Notches $145M Series E to Launch Mobile-First and Crypto Solutions

October 14, 2021
Mobile technology startup Tala raised $145 million in a Series E funding round led by Upstart, with participation from the Stellar Development Foundation, along with new investors Kindred Ventures and...

Juvo Raises $40 Million To Expand Into New Markets

August 02, 2017
Juvo, the San Francisco tech startup that focuses on financial inclusion and helps unbanked consumers in emerging markets improve their standing from a financial perspective by giving them micro-loans, raised...