Global Fintech Company Tala Awarded

For eight years in a row, Tala has been awarded Forbes Fintech50, and CNBC’s Disruptor 50 for the fifth consecutive year.

International media houses Forbes and CNBC have recognized Tala for its significant contribution in providing personalized and tailored financial services to the underbanked population worldwide. This year, Tala earned its place in Forbes’ prestigious Fintech 50 list for the eighth consecutive year and CNBC’s Disruptor 50 list for the fifth consecutive year.

This remarkable achievement underscores Tala’s continued impact and innovation in the financial services industry. As Forbes highlights, “in 2023, Tala rebuilt its data infrastructure to cut the time it takes for most customers to get approved for a loan from two minutes to just a few seconds.”

“Today’s financial system doesn’t work for the Global Majority – the 52 per cent of the world’s population who are excluded from legacy finance. At Tala, we’re proud to be working towards unleashing the $10 trillion worth of economic power of the Global Majority with the latest technology,” said Shivani Siroya, founder & CEO of Tala.

CNBC stated, “Tala is out to disrupt legacy finance in developing markets by providing loans, credit, insurance and bill pay to consumers who lack access to banks, insurers and lenders, and who lack a financial track record.”

“At Tala, our dedication lies in advancing financial inclusivity for Kenyans through dependable and accessible financial solutions. As we persist in elevating financial stability and empowering aspirations, we actively advocate for financial literacy and forge partnerships with aligned organizations committed to enhancing financial service accessibility,” expressed Annstella Mumbi, General Manager of Tala Kenya.