Video: Tala raises $30mln for business development - CNBC Africa

Tala raises $30mln for business development


The need to minimise dependence on traditional lenders have seen companies like mobile technology and data science company, Tala, use a mobile application to enable better access to funding for business owners delivering over $50 million worth of loans in East Africa alone. The company recently raised $30 million in Series B financing via investors in an aim to expand its business to over two billion people globally. Shivani Siroya, Chief Executive Officer of Tala joins CNBC Africa for more.