•Mumbi is a business executive with a decade of experience cutting across fintech,EdTech and venture funding.
•She holds a bachelor’s degree in Mechatronics Engineering from Jomo Kenyatta University of Agriculture and Technology (JKUAT).
Non-bank lender Tala, has named Annstella Mumbi as its new general manager for the Kenya unit.
Prior to her appointment, she served as Tala’s global director of growth and interim general manager for Kenya.
She joins a list of a small number of women leading large technology companies in Kenya.
Mumbi is a business executive with a decade of experience cutting across fintech, EdTech and venture funding having held multiple roles in strategy, growth, expansion and overall business leadership.
She has worked in various markets such as Rwanda, Tanzania, Ghana, Nigeria, South Africa, Uganda, and Kenya.
She holds a bachelor’s degree in Mechatronics Engineering from Jomo Kenyatta University of Agriculture and Technology (JKUAT).
“She is able to bring the Kenya leadership team together and rally Tala around a bold vision for Kenya’s next phase of growth,” Tala chief business officer, Jori Pearsall, said in a statement
Tala is among the world’s money App for the underbanked, bridging digital and cash ecosystems in emerging markets to help more people fully participate in the global economy.
Today, it processes nearly $200 million (Sh30 billion) in monthly transactions for more than eight million customers in Kenya, the Philippines, Mexico, and India.
The fintech credit provider has loaned out a cumulative $1.9 billion (285.1 billion) to Kenyans in over 3.5 million disbursements since it started operations in the country in 2014.
The firm has raised equity and debt funding from several investors among them Upstart, Stellar Enterprise Fund, RPS Ventures, J. Safra Group, IVP, Revolution Growth, Lowercase Capital and PayPal Ventures.