The Stellar Development Foundation announced a $40M investment in Tala, a fintech company serving unbanked populations in Kenya, Mexico, India, and the Philippines. Tala will expand its digital banking platform to offer borrowing, saving, and payments using Stellar assets and USDC stablecoins.
The Stellar Development Foundation has invested $40M in Tala as part of a $145M Series E funding round, marking SDF's largest investment since launching its Enterprise Fund in 2020. Tala is a mission-driven fintech company operating in four emerging markets that provides mobile lending and financial services to unbanked and underbanked populations. The investment will support Tala's expansion into digital banking capabilities, enabling users to borrow, spend, save, invest, and transfer money using Stellar assets and Stellar USDC. This partnership directly advances SDF's mission of creating equitable access to global financial infrastructure for the approximately two billion unbanked or underbanked people worldwide.
