Reported about 14 hours ago
U.S. fintech company Tala has obtained a $150 million debt facility to expand its operations in Mexico, where it primarily serves small-business owners. With over 3 million clients in the country and more than $500 million in loans issued in 2024, Tala plans to use these funds to enhance their services, including higher credit limits and specialized credit products. This initiative is part of Tala's broader growth strategy in Latin America, where it currently focuses solely on Mexico.
Source: YAHOO