Kenyan fintech firm, Tala, has expanded to Latin America with the launch of its services in Guatemala.

It is eying the Dominican Republic and Panama by the end of the year, leveraging its scalable and flexible proprietary software, Tala in a Box, for rapid geographic expansion. 

While most adults in Latin America have access to financial products, they still lack access to essential ones like credit.

Tala is expected to address this gap through an integrated solution that combines the intelligence of a credit bureau, the payments execution of a fintech company and the relationship expertise of a bank to scale responsible financial access. 

To date, Tala has served over 12 million customers, with two million customers added this year, and disbursed about $7 billion (Sh905.1 billion) in credit.

In Mexico, the company has provided 20 million loans to nearly four million customers over the past eight years, making it Tala’s fastest-growing market. 

“Through our experience serving the Mexican market, we have developed deep insights in the region and found that existing services still don’t serve the majority of the population,” said Annstella Mumbi, general manager, Tala Kenya.

According to Mumbi, the company's growth is fueled by its proprietary technology, designed to meet the unique financial needs of the underserved population.

For instance, Tala in a Box unlocks rapid geographic expansion by enabling Tala to scale across new markets simultaneously.

This end-to-end financial supply chain includes Tala InSight, the company’s patent-pending AI model and financial identity capabilities, along with transfers, payments, and rails abstraction services. 

The firm has already introduced millions of new consumers to global financial markets.

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Earlier this year, the company shared that it is building on a three-year revenue CAGR of 35 per cent.

This expansion into Latin America marks a new phase of growth at Tala, powered by advanced technology and a decade of experience serving the global majority across three continents.

Since its founding, Tala has served more than 12 million customers worldwide and disbursed around $7 billion in credit. 

In Mexico—its fastest-growing market—the company has issued 20 million loans to nearly four million customers over the past eight years. Two million new customers joined Tala globally this year alone.

“Through our experience in Mexico, we have seen that existing services still leave much of the population underserved,” said Annstella Mumbi, General Manager of Tala Kenya. “Our technology and products are designed to address those needs.”

The company’s expansion is underpinned by Tala in a Box, which includes its AI-powered Tala InSight credit model and financial identity system, alongside tools for payments and money transfers. Tala reports a three-year compound annual revenue growth rate of 35% and says its entry into new Latin American markets signals a further stage in its global growth strategy.