list by leading news provider, CNBC and market research firm, Statista. Specifically, it was listed under the Alternate Finance segment that consists of digital platforms offering companies and consumers a way to raise money online, using technologies like the cloud and AI algorithms.
As the world’s first fintech company for the Global Majority, Tala provides its customers with flexible, convenient online credit that they can use to manage day-to-day needs, start/expand small businesses, and improve their financial lives. Tala’s mobile app harnesses next-generation technology such as alternative data and machine learning to assess creditworthiness, enabling customers without a traditional credit history, for example, to access loans.