Tala
About this raise: Tala, with a valuation of $575 million, is raising funds on OurCrowd through Reg D 506(c) raise. It is a mobile technology and data science company that enables quick lending and borrowing of money. The app provides instant credit scoring, lending, and other personalized financial services and financial tools to borrow, save, and grow. Tala has over six million customers and has disbursed more than $2.7 billion to entrepreneurs and the traditionally underserved people. Shivani Siroya founded Tala in 2011. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5,590,000. The campaign proceeds will be used for growth and expansion.
Investment Overview
Deal Terms
- Platform
- OurCrowd
- Start Date
- 07/01/2019
- Close Date
- 07/16/2019
$10,000
$5,590,000
$10,000
Equity - Common
RegD 506(c)
$575,000,000
Company & Team
Company
- Year Founded
- 2011
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Company Website
-
Visit Website
Team
Financials
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
07/16/2019 | OurCrowd | $575,000,000 | - | Equity - Common | Funded | RegD 506(c) |