Tala (Company)

Tala is a financial technology company that provides mobile-based microloans to underserved individuals in developing countries, primarily in Africa and Asia. Using smartphone data and advanced algorithms, Tala assesses creditworthiness quickly and accurately, allowing users to access small loans via the app. This approach helps people who lack traditional banking access build credit, manage emergencies, or fund small businesses. Tala's goal is to promote financial inclusion—bringing banking services to those traditionally excluded—by leveraging technology to make lending faster, more convenient, and accessible through a simple smartphone interface.