Tala

Tala

Closed: Jul. 2019

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.

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Investment Overview

Funding data not publicly available

Deal Terms

Platform
OurCrowd
Start Date
07/01/2019
Close Date
07/16/2019
Min. Goal
$10,000
Max. Goal
$5,590,000
Min. Investment

$10,000

Security Type

Equity - Common

SEC Filing Type

RegD 506(c)

Pre-Money Valuation

$575,000,000

Company & Team

Company

Year Founded
2011
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Company Website
Visit Website

Team

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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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)
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Tala on OurCrowd 2019
Platform: OurCrowd
Security Type: Equity - Common
Valuation: $575,000,000

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Warning: according to the close date for this deal, Tala may no longer be accepting investments.

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