Fintech Company Tala Lauded by Forbes and

Tala has secured a place on the prestigious Forbes Fintech 50 list for the eighth consecutive year and has also been recognized on CNBC’s Disruptor 50 list for five years in a row.

Tala’s innovative approach to streamlining its infrastructure has significantly reduced the approval time for loans from two minutes to just a few seconds, a feat that Forbes commended.

CNBC highlighted Tala’s disruptive impact on traditional finance in emerging markets, providing essential financial services like loans, credit, insurance, and bill pay to individuals without access to traditional financial institutions.

Tala’s founder and CEO, Shivani Siroya, emphasized the company’s mission to empower the Global Majority by leveraging cutting-edge technology to unlock economic potential worth $10 trillion.

“We actively advocate for financial literacy and forge partnerships with aligned organizations committed to enhancing financial service accessibility,” said Tala Philippines general manager Moritz Gastl.

In the Philippines, Tala has positively impacted nearly three million individuals by offering accessible financial solutions and promoting financial literacy through strategic partnerships with like-minded organizations.