Tala Announces Strategic Investment From PayPal to Expand Global Reach
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"At PayPal, we believe that everyone should have access to transparent, convenient and secure financial services," said Mark Britto, Senior Vice President and General Manager Of Global Credit, PayPal. "Tala shares our vision of reimagining financial services, especially for the unbanked and those underserved by the traditional financial system. Tala empowers these people through innovative mobile solutions to improve their overall financial health and we are proud to help them achieve this goal."
"Tala is driven by the belief that all people deserve to be seen, understood and trusted by the global financial system, and our goal is to leverage data and technology to help them prove their potential," said Shivani Siroya, Founder and CEO, Tala. "We are excited to add PayPal as an investor to further our mission to reach more underserved consumers and deliver the financial access, choice and control they deserve."
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