PayPal Made a Strategic Investment In Tala[Tala Mobile].
PayPal has joined Tala as an investor in the shared mission "to unlock financial access, choice, and control for billions around the world" Shivani Siroya, CEO and Founder of Tala recently tweeted.
As shared in the PR release, Tala is the leading consumer lending app in emerging markets providing a service for "more than two-thirds of the world’s adult population with no formal credit bureau record, making it difficult for traditional financial services to understand and reach these consumers."
“At PayPal, we believe that everyone should have access to transparent, convenient and secure financial services,” Mark Britto, SVP and general manager of global credit, PayPal stated.
The new investment builds on Tala’s Series C financing.
https://tala.co/careers
https://www.ana-bluewing.com/en/changemakers/shivani_siroya/
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