Tala, a Company That Offers Loans for as Little as $10, Just Raised $110 Million

Tala, a Santa Monica-based provider of micro-loans to individuals in the emerging markets, announced a $110 million Series D raise led by RPS Ventures— a firm backed by SoftBank Group, Yahoo! co-founder Jerry Yang, and Alibaba co-founder Joseph Tsai's Blue Pool Capital.

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News via Fortune.

 

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Photo Credit: Tala