Full-Time
Confirmed live in the last 24 hours
Digital wallet and lending platform for underserved
$136k - $200k/yr
Senior
Remote in USA
Tala operates as a digital wallet and lending platform that focuses on providing financial services to individuals who are often overlooked by traditional banks. The platform uses artificial intelligence and machine learning to create a personalized financial experience, allowing users to establish a digital financial identity. Through a single app, Tala offers instant credit, easy money transfers, and a variety of bill payment options. This approach enables customers, including those without access to conventional banking, to manage their finances more effectively. Tala generates revenue by charging interest and fees on the credit it provides, as well as transaction fees for money transfers and bill payments. Operating in multiple countries across three continents, Tala adapts to different markets while enhancing user experience with personalized credit lines, financial tips, and rewards.
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$540.7M
Headquarters
Santa Monica, California
Founded
2011
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Remote Work Options
Flexible Work Hours
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Digital lender Tala has laid off 28 employees from its customer operations team, citing a reduced workload due to fewer loan defaults and a drop in customer support queries.
Tala has secured a $150 million debt facility from Neuberger Berman to expand its AI-driven lending services in Mexico. This marks Tala's largest capital markets transaction, enhancing its credit portfolio and financial infrastructure. The funding will increase loan availability for underbanked individuals and small businesses, strengthen AI analytics, and extend mobile-first solutions. Neuberger Berman's backing reflects confidence in Tala's alternative credit model and growth potential.
Tala, a California-based microlender, has announced a significant expansion in Mexico, securing a debt facility of $150 million from Neuberger Berman, a New York investment management firm.
Tala receives US$150M Debt Facility with Neuberger Berman.
The U.S. fintech company Tala, which provides small loans to customers in developing markets, announced on Wednesday that it has secured a credit line of $150 million to expand its operations in Mexico.