Tag: Tala
Tala Disburses Over 3.5m Loans in Kenya Worth KES 240 Billion
Online lender Tala, which is one of the 22 approved digital lenders in Kenya has granted Kenyans over 3.5 million loans since it started...
Why TALA Has Not Been Licensed by CBK
Shortly after licensing only 10 digital credit providers, the Central Bank of Kenya has frozen all unlicensed digital lenders. The licensed lenders include:
Sokohela LimitedSevi...
Tala Becomes First Digital Lender to Bag Data Controller Approval
In mid-July, the state opened the registration of data controllers and data processors. The exercise was revealed by the Office of the Data Protection...
Online Lender Tala Raises KES 16 Billion for Expansion and Crypto Launch
Tala is one of the leading fintech firms in Kenya. Launched in the state in 2014, the company, along with the likes of Branch,...
Google’s Policing of Rogue Mobile Loan Apps is Hardly Effective and It Shows
A couple of days ago, it emerged that many loan apps were running their trade normally, with their tools live in Google Play Store...
Recent Interest Hike Erodes KCB M-PESA Customer Loyalty
Mobile loans and mobile loans apps have been making a killing in the Kenyan over the last couple of years. Their growth has been...
Tala Secures Investment From PayPal For Global Expansion
Mobile loans company Tala has secured funding from American payments platform, Paypal for global expansion to more markets.
Kenya’s Finance Ministry to Introduce Regulative Framework for Digital Lenders
The success of mobile lending apps is, admittedly, attributed to the foundation laid by M-PESA services. It is, perhaps, the primary factor that such...
Mobile Money Solutions for Loans Still Soaring as Branch Reports a 15% Monthly Bump Since Launch
Branch, a Facebook-linked app that allows its users to score small loans through Safaricom’s mobile payment solution, M-Pesa has reported a 15% monthly growth.
The...
The World of FinTech that Revolves Around M-Pesa and the Threat it Poses to Banks
Since M-Pesa was launched back in 2007, it is not a secret that lives have been changed. M-Pesa has changed how Kenyans do transactions,...
Kenyan Loan App Mkopo Rahisi rebrands to Tala, eyes Regional Expansion
Kenya has been attracting Fintech solutions owing to the rise of Safaricom's M-Pesa mobile money platform. These solutions range from smartphone applications to simple...
