This is the ultimate comparison between Branch and Tala loan apps in Kenya ,the two major and successful digital lenders in the country.
Branch Loan App
This is a mobile loan app which gives fast and affordable loans to borrowers in Kenya. You will only need a smartphone and an MPesa account to get started.Its tha simple.
Tala Loan App
Tala is also a personal mobile money lender and have been providing fast loans too via M-Pesa. The requirements to start accessing loans are the same as branch - a smartphone and an MPesa account.
Tala app has light blue and orange colours while Branch app has blue and white colours.There are alot more major differences between the two digital apps than you may think and fortunately this article is purely dedicated to showcase those differences in a comparison manner.
Tala and Branch loan apps comparison video
Watch the video version of Tala and Branch Ultimate Comparison on our Loans vLog YouTube Channel;
Branch and Tala Ultimate Comparisons
| Features | Tala | Branch |
|---|---|---|
| App Name | Tala | Branch |
| Year Launched | 2014 | 2015 |
| Company | Tala mobile | Branch International |
| Owners | Shivani Siroya | Matt Flannery |
| Bank | None | Branch MFB |
| Downloads | 10M+ | 10M+ |
| Rated | 4.4 out of 5 stars | 4.5 out of 5 stars |
| Countries Present | Kenya, Tanzania, Mexico, India, Philippines | Kenya, Nigeria, India, Tanzania |
| Website | Tala.co.ke | branch.co.ke |
| hellokenya@talamobile.com | support@branch.co | |
| In-app chat | Yes | Yes |
| Loan Limits | max 30k | max 100k |
| Interest Rates | 4 - 34% per month | 2- 18% per month |
| Loan Tenure | 30 days - can go up to 60 days | 30 days - 1 year |
| Paybill Number | 851900 | 998608 |
| SMS Code | 21991 | None |
| Phone Numbers | None | 0711995555 |
| Referral Program | Yes | Yes |
| Late fees | 8% | None |
| Rollover fees | Yes | None |
| Processing fees | None | None |
| Onboarding fees | None | None |
| Collateral | No | None |
| Talakenya | Branchkenya |
Advertisements
Write a comment
Post a Comment
Loans Blog admin will never approve abusive or inciteful comments. In addition, avoid including sensitive or private personal information in your comments for your own online safety.