Digital lender Tala Kenya is set to launch a savings product targeting its 3.5 million customers, diversifying beyond lending. This new offering, piloting later this year, aims to transform Tala into a full-service financial provider.
General Manager Annstella Mumbi emphasized Tala’s commitment to supporting customers’ financial health, allowing them to transact, pay, save, and invest within the Tala app. This move strategically positions Tala to rival competitors like Branch, enhancing its service offerings to meet evolving customer needs.
With a decade of credit services, Tala continues to innovate, aiming to launch the savings product by early next year. Stay tuned for more updates as Tala takes significant steps toward financial inclusivity and customer empowerment.