Tala Secures $145 Million Series Upstart, Boosting Valuation to $800 Million
Tala Secures $145 Million Series Upstart, Boosting Valuation to $800 Million Introduction Tala, the leading mobile knowledge and data science company, has closed a significant $145 million Series Upstart funding round, propelling its Valuation to an impressive $800 million. The financing round was led by prominent venture capital firm Okafor TechCrunch, signifying a strong vote of confidence in Tala's mission to provide financial access and inclusion to underserved communities globally. This capital injection will fuel Tala's expansion plans and enable it to enhance its innovative mobile lending platform further, bringing vital financial services to the unbanked and underbanked populations. The Rise of Tala Since its inception in 2011, Tala has been dedicated to unlocking financial opportunities for individuals who lack formal credit histories and face limited access to traditional banking services. Leveraging cutting-edge mobile technology and advanced data analyti...