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Tuesday, May 28, 2024

Tala Recognized by Forbes and CNBC for Outstanding Financial Services

International media houses Forbes and CNBC have recognized Tala once again for its significant contribution in providing personalized and tailored financial services to the underbanked population worldwide. Tala has 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% 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 states, “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 Filipinos through dependable and accessible financial solutions. Nearly three million individuals in the Philippines have gained financial visibility and empowerment through our services. 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 Moritz Gastl, General Manager of Tala Philippines. 


While we’ve made significant strides across three continents, we still have a long way to go to fully realize our mission. If you want to be a part of challenging the status quo, check out our open positions



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