Microlender Tala lands $150 million debt facility to expand Mexico business

Ceo of Tala Mobile Shivani Siroya speaks at an event of financial inclusion forum "Unleashing the potential of women" hosted by UNAM university, in Mexico City, Mexico, November 12, 2024. REUTERS/Raquel Cunha/File Photo

MEXICO CITY (Reuters) - U.S.-based fintech Tala, which grants small-sized loans to clients in emerging markets, has secured a $150 million debt facility to expand its business in Mexico, it said on Wednesday.

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