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Tala Finds $65M More

Santa Monica-based Tala, which provides financial services for underserved consumers using their mobile phones, has raised $50M in a Series C funding, plus an additional $15M in separate funding, according to the company. The funding was led by Revolution Growth, and also included IVP, Data Collective, Lowercase Capital, Ribbit Capital, and Female Founders Fund. Tala said it will use the new funding to expand to Mexico and India. Tala is led by founder and CEO Shivani Siroya. More information »