NAIROBI, Kenya, June 25 – Digital lender Tala has announced plans to reduce part of its workforce in Kenya as it restructures its operations and centralises some functions globally.
In a statement, the US-based fintech said the changes are expected to affect less than 10 percent of its Kenya-based employees.
The company said the restructuring is part of efforts to streamline operations and align its business with its long-term growth strategy.
“As part of the evolution of Tala’s global operating model, we are streamlining our functions and centralising operations to align with our strategic roadmap,” the company said.
The lender noted that affected employees will receive support during the transition but did not disclose the exact number of jobs that will be affected.
Despite the layoffs, Tala said its operations in Kenya will continue uninterrupted and reaffirmed its commitment to serving customers in the country.
The company said the changes are aimed at strengthening its ability to embed financial services into partner ecosystems and expand its reach across markets.
Tala launched in Kenya more than a decade ago, initially offering unsecured mobile loans through smartphones.
According to the company, it has served more than 13 million customers in Kenya and disbursed billions of shillings in loans over the years, becoming one of the country’s leading digital credit providers.
The announcement comes at a time when technology firms globally are reviewing operating models and cutting costs as they adapt to changing market conditions and growing use of automation and artificial intelligence.
