In this episode we talk with Shivani Siroya, the CEO and founder of Tala. Tala is focused on delivering financial services to the underserved across the developing world, they are a true fintech success story.
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California-based startup Tala has raised $30 million for its marketplace lending platform; investors in the funding round included IVP, Ribbit Capital, Lowercase Capital, Data Collective and Collaborative Fund; the firm offers loans in Kenya through alternative credit underwriting which utilizes accessible data on payrolls, savings, payments history and social network activity; it plans to expand to Mexico and India. Source
Here are the top 10 quotes, among the many keynotes, panels, and conversations at LendIt fintech LatAm Miami Last week.
Shivani Siroya is the CEO and founder of Tala; headquartered in San Francisco, the company has lending operations focused on the developing world having launched in Kenya in 2014; the company's app is the fifth most downloaded app in the country; Shivani shares her background, how the company got started, details on their lending product, and how they successfully serve those in developing countries. Source