Tala appoints Donald Evangelista as its General Manager in Philippines
Date May 9, 2022: Tala, the global technology company building the world’s most accessible financial services, has appointed Donald Evangelista as its new General Manager in the Philippines. Evangelista’s significant experience and accomplishments in the fields of Data Science, Information Management, and Big Data will help Tala deliver critical financial services to millions more Filipinos.
To date, over 1.6 million people across the Philippines have used Tala’s accessible, safe, and flexible financial services to start and grow small businesses and manage their financial lives. Tala’s pioneering use of alternative data to underwrite borrowers has resulted in a 90%+ global repayment rate and a 95% repeat customer rate that indicates the trust and value customers see in Tala’s platform. Most recently, Tala launched a first-of-its-kind lending product, Loans Your Way, to respond to the unique financial challenges that Filipino borrowers regularly encounter. The product gives users the flexibility to choose their own repayment date to better match their income flows, putting the power back in the consumers’ hands.
Announcing the appointment, Tala CEO, Shivani Siroya said; “The Philippines is an integral part of our growth strategy, and we are thrilled to have Donald Evangelista join us to further establish our leadership position in the market. With only 3% of Filipinos able to borrow from banks, there is a vast unmet need in the Philippines for responsible credit and fair money management tools. Tala is bridging this gap by making safe and secure financial products accessible to the people who need them most .”
As its General Manager, Evangelista revealed Tala’s future plans for expansion: “Tala is revolutionizing the lending space by putting more power in the customer’s hands, while building a holistic financial ecosystem for the underserved people. You will see many more innovative products from us in the near future. We are also excited to explore how blockchain and crypto can expand our mission of financial inclusion and enable us to provide more financial services to our existing customers at lower fees with higher returns for them.”
Prior to assuming Tala’s General Manager post, Evangelista led the business consulting firm BusinessMinds as its Country Managing Director. As Country Lead for QVARTZ Analytics, he handled its business, operations, and delivery for Manila and Singapore. He also provided solutions and strategy in data and analytics as the Bain & Company Advanced Analytics Group’s Senior Manager.
Tala is a global technology company building the world’s most accessible financial services. More than 6 million people across Kenya, the Philippines, Mexico, and India, have used Tala products to start and expand small businesses, manage day-to-day needs, and pursue their financial goals with confidence. Tala has raised more than $350 million from visionary investors including Upstart, the Stellar Development Foundation, RPS Ventures, the J. Safra Group, IVP, Revolution Growth, Lowercase Capital, and PayPal Ventures. Tala.co
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Tala reminds you to always study the terms and conditions and check the fees and charges in the disclosure statement before accepting your loan. Tala is operated by Tala Financing Philippines Inc., a licensed financing company with SEC Registration No.: CS201710582 and Certificate of Authority No.: 1132.Tala reminds you to always study the terms and conditions and check the fees and charges in the disclosure statement before accepting your loan. Tala is operated by Tala Financing Philippines Inc., a licensed financing company with SEC Registration No.: CS201710582 and Certificate of Authority No.: 1132.