Tala, a financial infrastructure company, said it posted a record global annualized revenue run rate of $300 million, or P16 billion as of the first quarter of 2025.
This marks an 80-percent increase in customers compared to the first quarter of 2024, adding half a million new users.
By the end of 2024, Tala reported a 35-percent year-on-year revenue compound annual growth rate, having served 10 million customers and originated more than $6 billion in loans globally. In the Philippines, the company has provided over 24 million loans to more than 3.6 million users.
“2024 was a pivotal year for Tala as we leveraged AI to rapidly replicate our infrastructure across diverse markets, diverse customer bases, and new products to make financial products more valuable to our customers, and we see the momentum driving us to new heights in the first quarter of 2025,” said Tala founder and chief executive Shivani Siroya at the event.
Siroya said Tala has “evolved and grown over the last decade” from a company focused on providing financial services to those with limited access to the digital economy, to building “a vertically integrated financial services platform powered by a large moat of proprietary data and scaled AI infrastructure.”