Tala

Mia Lim, People Director of Tala Philippines, recently participated as a panelist at the Sprout Solutions Talent Management Strategy Forum in Manila. During the event, she shared valuable insights on employee development and highlighted Tala's use of tools that streamline performance strategies and management processes on our People teams.

Earlier this week, our CTO, Kelly Uphoff, took the NYSE Tech Summit stage in NYC ????to discuss the future of global finance innovation.? Alongside tech leaders from Citi, Maya, Airwallex, Nubank, and QED Investors, Kelly explored cutting-edge AI solutions that are enabling Tala’s journey of global expansion and its mission to bring next-gen technology and financial services to the Global Majority.?

If you’ve been following Tala, you’ve likely heard me refer to our customers as the “Global Majority” — the 52% of the world’s population who hold trillions in economic power and yet have been historically excluded from essential financial services. While Team Tala knows this population well, all too often they’re overlooked or misunderstood within research and global decision-making forums. That’s why we’re working with the Atlantic Council to help define and raise awareness of the Global Majority, expanding the notion of what financial inclusion and well-being look like. (See comments for the report link.) I am energized by the conversations during UNGA week and how global changemakers are tackling the issues that the Global Majority face and their innovative solutions, from climate change to gender inequality. And so, in the spirit of the theme of this year’s Clinton Global Initiative Conference, I want to share what’s working to unleash the economic power of the Global Majority: ?? Solving a systems problem with a systems approach ?? Staying close to the customer base + being empathetic to their problems? ?? Questioning the status quo and being bold in our efforts to prove another way is possible? ?? Leveraging research as an advocacy and educational tool so more people are empowered to work on this issue ?? Meeting people where they’re at, and then helping them grow to meet their goals ?? Last-mileing technology to extend more access to crucial money mobility tools

A few weeks ago, we were honored to host a distinguished delegation from the Central Bank of Kenya, Bank of Tanzania, and the National Bank of Rwanda (NBR)! As part of a Central Banks knowledge exchange program on digital lending regulatory frameworks, the delegation sought insights into how digital credit providers (DCPs) operate and navigate regulatory frameworks. Both Tanzania and Rwanda are in the process of shaping their own digital lending regulations and we were thrilled to share our expertise on: - Our products and processes - Compliance requirements - Customer experience journeys - Data protection & consumer protection - Financial education This collaborative approach between regulators and sector players signals a bright future for financial inclusion across East Africa!???

We’re thrilled to share that our CFO, Jennifer Loo, was recently recognized as a finalist for the 2024 Los Angeles Business Journal's CFO Awards! Jennifer’s leadership, strategic counsel, and exceptional financial acumen have been pivotal in helping the company navigate various economic climates while ensuring financial access for the global majority. Your hard work and passion inspire us. Congratulations, Jen!

Register to hear our CFO, Jennifer Loo, talk about leading Finance in a hyper-growth environment at the CFO Connect Summit next week. Details Below ?? ???Date: October 10th, 2024 ???Time: 11:30 AM - 12:20 PM EST ?? Link to Register: https://bit.ly/4bYAmDT

We are thrilled to have participated in the Financial Inclusion Conference and Investor Expo 2024?hosted by the Association of Microfinance Institutions - Kenya (AMFI-K)! Over two days, we connected with industry leaders, policymakers and investors committed to driving #FinancialInclusion. Tala Kenya's General Manager, Mumbi, shared about how Tala is using cutting-edge #AI and machine learning to bridge the credit gap for underbanked communities, while highlighting the advancements in increasing access to credit and the impact on customers’ lives over the last 10 years. By leveraging data, we’re creating new opportunities and transforming financial access for the?global majority???.

??Just released: the Atlantic Council published a new brief discussing financial inclusion for the global majority. With Tala’s support, the brief and forthcoming research will help close knowledge gaps and advance a new financial inclusion agenda. We’re excited to further our mission to unleash the economic power of the world’s population who have historically been excluded from accessing basic financial services. Read the full brief by Dr. Nicole Goldin, PhD below??

This week, our CTO,?Kelly Uphoff, took the stage at Lesbians Who Tech & Allies in NYC to talk about how we’re using cutting-edge #AI to unlock financial access for the Global Majority! From using alternative data to leveraging new technologies like large language models (LLMs), we’re breaking down barriers and creating opportunities for those underserved by legacy systems, unlocking a $10T economic opportunity. A huge thank you to #LWTSummit for the opportunity for Tala to be part of an inspiring community of leaders in tech, business, and media!

We were excited to sponsor and participate in the inaugural?East Africa Investment Forum?in Dar es Salaam, Tanzania, hosted by TAFINA! Our Kenya Head of Public Affairs took the stage during a panel on?Regulatory Frameworks and Policy Implications, emphasizing the importance of proactive engagement and open dialogue between fintechs and regulators to foster innovation while safeguarding consumer protection. At Tala, we're dedicated to collaborating with regulators to build adaptable, forward-looking frameworks that lower barriers to entry and create a predictable, innovation-friendly environment. We believe harmonizing regulations across jurisdictions is vital to ensuring fintech solutions drive financial inclusion, especially for underserved communities.