Tala Raises $30mn for Business Expansion

California-based startup Tala has raised $30 million for its marketplace lending platform; investors in the funding round included IVP, Ribbit Capital, Lowercase Capital, Data Collective and Collaborative Fund; the firm offers loans in Kenya through alternative credit underwriting which utilizes accessible data on payrolls, savings, payments history and social network activity; it plans to expand to Mexico and India.  Source

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