tala
New rules for digital lenders in Kenya aim to weed out bad actors while bolstering sector growth
Digital lenders in Kenya will be under the watch of the Central Bank of Kenya under the new Digital Credit Providers regulations.
Digital lenders in Kenya must disclose source of funds as new law takes effect
Digital credit providers (DCPs) in Kenya will have to disclose their sources of funds and provide evidence of the same after a law meant to regulate the sector came into…
Reports say African startups raised record-smashing $4.3B to $5B in 2021
Last year was record-breaking for African startups. I know I’m probably starting to sound like a broken record, but the astronomical growth is worth highlighting again and again. In this…
Kenya cracks down on digital lenders over data privacy issues
Digital lenders that share personal data of loan defaulters, with third parties, risk license withdrawal in Kenya after lawmakers added a clause — granting the banking regulator the mandate to…
Tala grabs $145M to offer more financial services in emerging markets
Tala, an emerging markets digital lender that offers loans between $10 to $500 to consumers and small business owners, has raised $145 million in Series E funding. Upstart, a company…
Tala, a Santa Monica, Calif.-headquartered startup that creates a credit profile to provide uncollateralized loans to millions of people in emerging markets, has raised $110 million in a new financing…
Wonder Ventures aims to dazzle L.A. startups with its new seed-stage fund
Dustin Rosen thinks L.A. has a problem, aside from its famously car-choked highways. There aren’t enough investors willing to write small checks. Why not? The way he sees it, most…
With loans of just $10, this startup has built a financial services powerhouse in emerging markets
Peris Kimeli and Betsy Cheruyot were students at Kenyatta University thinking about launching a business when they applied for their first loans from the mobile lending company, Tala. Hoping to…
Ex-Uber data chief Kevin Novak joins LA-based startup Tala in big win for LA ecosystem
Kevin Novak, the architect of Uber’s dynamic pricing technology and the head of its data team, has joined the Los Angeles-based financial services startup Tala as its new head of…
Meet 3 of our Disrupt NY Founder Spotlight companies: Duo Security, Lemonade, and Tala
Disrupt NY is right around the bend, and with it comes a brand new type of content: The Founder Spotlight. Each of these companies will have a total of 15…