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Microloan startup Tala snags $110 mln Series D

Tala, a microloan startup, has raised $110 million in Series D funding, according to a blog post on its site. RPS Ventures led the round with participation from other investors that included GGV Capital, IVP, Revolution Growth, Lowercase Capital, Data Collective VC, ThomVest Ventures and PayPal Ventures. In addition to the funding, Kabir Misra, founding general partner at RPS Ventures, has been added to Tala’s board of directors.