Local Fintech and Digital Lender Tala Reveals Plans to Leverage Blockchain and Crypto

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The newly appointed General Manager (GM) of financial technology (fintech) company Tala, announced the firm’s future plans that include exploring blockchain and crypto.

Donald Evangelista, a data science expert, added that the firm’s future plans would provide the backbone of its infrastructure that can further elevate its mission of financial inclusion.

“We foresee this as an enabler for Tala to provide more financial services to our existing customers at lower fees with higher returns for them. We’re taking the expertise we’ve built through the years to offer more products and services to more underbanked customers in our current and future markets,” Evangelista said.

He added that it will be his responsibility to fulfill the fintech firm’s mission to promote responsible borrowing by means of proper financial literacy.

“Tala is revolutionizing the lending space by putting more power in the customer’s hands, while building a holistic financial ecosystem for the underserved communities.”

Donald Evangelista, Tala

Tala is a digital lender that provides services like quick loans to consumers and business owners, it is registered with the Securities and Exchange Commission (SEC).

Borrowers can monitor and avail the firm’s services through its official application available on Google Play Store.

“With his expertise in data science, customer intelligence, information management, and big data, Evangelista possesses the right knowledge to tap and expand Tala’s clients, particularly the 1.8-million Filipino individual and enterprise borrowers who have been using its accessible, safe, and flexible financing services,” Tala’s comment on Evangelista.

In addition, Tala added that Evangelista’s experience in data-driven innovation, business strategy and digital transformation will help realize the company’s mission of bringing financial freedom and inclusivity to more Filipinos, specifically the underbanked.

The fintech company already provided to more than six million people through its operations in Kenya, India, Mexico, and the Philippines.

According to their data, the global fintech platform’s 95 percent repeat customer rate is a show of trust of customers who value their relationship beyond the first loan.

This article is published on BitPinas: Local Fintech and Digital Lender Tala Reveals Plans to Leverage Blockchain and Crypto

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Nath Cajuday

BitPinas is the oldest blockchain and cryptocurrency news outlet that covers the Philippine blockchain and crypto scene. We are also writing general and international blockchain topics that are relevant to our audience.