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Tala raises $145m in Series E funding

Los Angeles based online loan application platform for emerging markets raised $145m in Series E funding led by Upstart.

“Our Android application has allowed over 6 million individuals to access our first product, which was access to credit, said Siroya to TechCrunch over a call. “And now we’re moving beyond that to become that full financial account for our customers. And, again, across our markets, that’s what we’re looking to do with this fundraise.”

Tags

lending, emerging markets