Nairobi, Jan 30 – Global fintech company Tala has joined the United Nations Global Compact (UNGC), commiting to responsible business practices and financial inclusion.
The company was welcomed into the world’s largest corporate sustainability initiative during a certificate handover ceremony at its offices in Nairobi.
Tala now joins over 24,000 companies worldwide and more than 300 firms in Kenya that have aligned their operations with the Ten Principles of the UNGC, covering human rights, labor standards, environmental sustainability, and anti-corruption.
Welcoming Tala to the initiative, Global Compact Kenya Executive Director Judy Njino emphasized the role of fintech and digital credit providers in advancing the Sustainable Development Goals (SDGs) by leveraging technology to eliminate systemic financial barriers.
“Tala is uniquely positioned to set a benchmark in ethical and responsible business. I challenge the company to be a force for good and drive meaningful change in Kenya and beyond,” Njino stated.
Tala General Manager Annstella Mumbi added, “We are committed to democratizing access to credit, particularly for MSMEs and women, to further global financial inclusion efforts.”
With only 17 percent of the SDGs on track, while the rest are stalling or regressing, Tala’s participation in the UNGC is expected to accelerate progress by expanding access to credit for underserved communities, enabling them to manage financial risks, build assets, and escape poverty.
