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Tala secures 150 million dollar debt facility to expand in Mexico
US fintech company Tala has secured a $150 million debt facility from Neuberger Berman to enhance its operations in Mexico, where it serves over 3 million clients. The initial financing of $75 million can be increased to $150 million, aimed at expanding services for small-business owners. Tala has issued more than $500 million in loans in Mexico in 2024, with plans for potential regional expansions in the future.
Morgan Stanley predicts Talanx earnings will exceed expectations in 2024
Morgan Stanley anticipates that Talanx AG, a Germany-based insurance and reinsurance provider, will exceed earnings estimates in 2024. The company operates through five segments: Retail Germany, Retail International, Industrial Lines, Non-Life Reinsurance, and Life/Health Reinsurance, with products marketed under various brands including Warta and Europa. Talanx is primarily owned by HDI VaG.