A Filipino-Founded Startup Just Convinced Tala’s Founder to Bet on It. Kita Raised $4.5 Million to Fix the Credit Scoring Problem Tala Spent a Decade Trying to Solve.
Kita, an AI credit-assessment startup co-founded by a Manila-born Stanford graduate, raised a $4.5 million seed round backed by Tala founder Shivani Siroya and Y Combinator, aiming to automate loan underwriting for borrowers traditional systems overlook.