What is Tala? Tala Review, Features

Tala is a real-time credit assessment and loan service provider focusing on financial services in emerging markets.

About Tala

Tala, also known as InVenture Capital Corportion, was founded in 2011 and is headquartered in California, USA. It is a real-time credit assessment and loan service provider focusing on financial services in emerging markets. More than 2 million people have borrowed money through Tala's smartphone application, which provides instant credit scores, loans and other personalized financial services in emerging markets.

Products

Tala provides personalized loans to approved borrowers and builds digital credit histories, providing instant loans through a mobile application. The entire process, from loan application to fund disbursement and status tracking, is handled on the Tala system.

Tala provides the world's most accessible consumer credit products, instantly underwriting and then disbursing loans to people who have never had a formal credit history through a smartphone application, with loan access ranging from $10 to $500. With the support of advanced data science, Tala has built a modern credit infrastructure from the ground up. Anyone with an Android smartphone can apply for a loan and get an immediate decision, regardless of their credit history. The application takes only a few minutes, and the funds will be sent directly to the borrower's mobile money account or other cash withdrawal options.