Digital lender Tala has announced that it has reached 10 million customers globally since its inception, with 3.5 million from Kenya, where the company first launched in 2014.
Tala has also disbursed more than 300 billion Kenya shillings to its Kenyan users, underscoring its commitment to driving financial inclusion across the continent.
The company’s growth has been fueled by its unique approach to assessing creditworthiness using alternative data, a method that has unlocked access to credit for millions of people, particularly in markets where traditional financial services are limited.
Tala’s global credit disbursement has now topped nearly Kes 775.5 billion, reflecting the wide-reaching impact of its services.
Tala Founder and Chief Executive Officer (CEO) Shivani Siroya expressed her excitement at the milestone.
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“We believe that financial access is a basic right, not a privilege, and we are deeply grateful to our customers for trusting us to unlock their financial potential.”
The company’s success has been key to its customer-centric approach, which includes innovative product offerings and strategic market expansions.
Tala currently serves customers in East Africa, Latin America, and Southeast Asia and plans to expand into new global markets in the years ahead.
