“Tala raises $145 million in funding round led by Upstart”
Tala’s slogan is “Digital Financial Services for the next billion”
“Since launching in Nairobi in 2014, Tala claims to have delivered more than USD 2.7 billion in credit to more than six million customers across Kenya, the Philippines, Mexico, and India.”
To me, they sounds like a Sofi for developing countries. The alignment and interest by Upstart would be providing a novel way to rate creditworthiness of a whole populations that have nothing that looks like a credit score.