Tala
Founded Year
2011Stage
Loan | AliveTotal Raised
$549.78MValuation
$0000Last Raised
$47.68M | 6 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-57 points in the past 30 days
About Tala
Tala serves as a financial platform focused on providing digital financial services across multiple sectors. The company offers instant access to credit, payments, savings, and transfer services through its app, utilizing AI for personalized financial solutions. Tala primarily serves individuals who seek to manage their finances with innovative technology. Tala was formerly known as InVenture. It was founded in 2011 and is based in Santa Monica, California.
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ESPs containing Tala
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The alternative credit scoring market addresses the issue of creditworthiness assessment for individuals with thin-files or no file with credit reference agencies. This market provides solutions that allow lenders to accept more applicants by taking into account additional data sources, such as rent or utilities payments, online activity, employment history, or online purchase behaviors. Some prov…
Tala named as Challenger among 15 other companies, including Equifax, Experian, and TransUnion.
Tala's Products & Differentiators
LOC
Tala’s LOC enables borrowers to only pay for the days they use at a low rate. The transparent daily rate enables customers to compute the amount they need to repay and prevents customers from having to worry about “bill shock.” It also allows borrowers to save more by only paying for the days they need.
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Research containing Tala
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Tala in 1 CB Insights research brief, most recently on Jun 6, 2022.
Expert Collections containing Tala
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Tala is included in 5 Expert Collections, including Fintech 100.
Fintech 100
747 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Digital Lending
2,271 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Tech IPO Pipeline
282 items
Track and capture company information and workflow.
Conference Exhibitors
5,302 items
Fintech
9,304 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Tala Patents
Tala has filed 21 patents.
The 3 most popular patent topics include:
- artificial intelligence
- artificial neural networks
- bones of the pelvis
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
7/22/2021 | 7/16/2024 | Inflammations, Musculoskeletal disorders, Overuse injuries, Syndromes, Soft tissue disorders | Grant |
Application Date | 7/22/2021 |
|---|---|
Grant Date | 7/16/2024 |
Title | |
Related Topics | Inflammations, Musculoskeletal disorders, Overuse injuries, Syndromes, Soft tissue disorders |
Status | Grant |
Latest Tala News
Oct 2, 2024
1 minute read Global fintech company Tala, represented by Site Operations Director Paulo Dalupan (center) and Senior Legal Counsel Paolo Sumilong (right), files a case under the new Anti-Financial Account Scamming Act together with legal counsel Alexandra Aure (left) at the National Bureau of Investigation to initiate criminal action against 70 fraudsters identified to have targeted customers. Posing as “assisters” or impersonating Tala employees on Facebook, these fraudsters used social engineering and other deceptive practices to convince customers to share their personal information and security codes. Fraudsters may then gain access to financial accounts, leaving unsuspecting customers responsible for any transactions. Tala protects consumers through proactive efforts against fraud and pushes for a safer, fairer financial services industry. It advises the public to avoid “assisters” and “agents” offering help for a fee on Facebook, Telegram, and other social media and messaging apps. BMPlus
Tala Frequently Asked Questions (FAQ)
When was Tala founded?
Tala was founded in 2011.
Where is Tala's headquarters?
Tala's headquarters is located at 1633 26th Street, Santa Monica.
What is Tala's latest funding round?
Tala's latest funding round is Loan.
How much did Tala raise?
Tala raised a total of $549.78M.
Who are the investors of Tala?
Investors of Tala include Maya Bank, Victory Park Capital, Lowercase Capital, Institutional Venture Partners, Revolution and 30 more.
Who are Tala's competitors?
Competitors of Tala include MoneyView, Prodigy Finance, Haraka, Colendi, Kissht and 7 more.
What products does Tala offer?
Tala's products include LOC and 2 more.
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Compare Tala to Competitors
Branch International offers a mobile application. The company offers a range of digital banking products such as instant loans, money transfers, bill payments, high-yield investments, and savings, all accessible via a smartphone-based application. Branch International primarily serves customers in emerging markets. It was founded in 2015 and is based in San Francisco, California.
Kissht is a financial technology company that focuses on providing instant credit solutions in the financial services industry. The company offers a range of services including personal loans, credit for small business purchases, and a line of credit. These services are primarily targeted toward the e-commerce industry. The company was founded in 2015 and is based in Mumbai, India.
Prodigy Finance is a financial services company specializing in education loans for international students pursuing master's degrees. The company offers collateral-free loans to cover tuition and living expenses, aimed at students who wish to study abroad without the need for a co-signer or collateral. Prodigy Finance primarily serves the higher education sector, facilitating access to top-tier educational institutions globally. It was founded in 2007 and is based in London, United Kingdom.
Brighte is a company that focuses on the financial and sustainable energy sectors. It provides financing solutions for solar systems and energy-efficient home products, making these sustainable upgrades more affordable and accessible. The company primarily serves the residential and small to medium-sized business sectors. It was founded in 2015 and is based in Sydney, New South Wales.
Upgrade is a financial technology company operating in the consumer credit sector. The company offers services such as personal loans, credit lines, and rewards checking and premier savings accounts, all aimed at helping customers access and manage credit. Their primary market includes families across America. It was founded in 2016 and is based in San Francisco, California.
Klarna specializes in providing payment solutions and services within the e-commerce sector. The company offers a platform for online shopping that includes price comparisons, deals, and various payment options to facilitate purchases for consumers. Klarna primarily serves the e-commerce industry by enabling a seamless shopping experience through its payment and financing services. It was founded in 2005 and is based in Stockholm, Sweden.
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