Tala, a California-based firm that offers app-based microloans, said it raised $110 million in Series D funding led by RPS Ventures with participation from GGV Capital and other existing investors. 

The funding will be used to expand in India and other overseas markets, grow a number of new products, and scale its team of employees across the globe, including offices in Kenya, Mexico, the Philippines and the U.S. 

The company said over the past year it has tripled the size of its core credit business, providing more than $1 billion in loans to more than 4 million customers. Customers can also pick up and pay back their loans at more than 40,000 locations worldwide as well as use mobile wallets. 

Prior investors participating in the round include IVP, Revolution Growth, Lowercase Capital, Data Collective VC, ThomVest Ventures and PayPal Ventures. The company said that Kabir Misra, founding general partner at RPS, will join the Tala board of directors. 

The company has also raised more than $100 million in debt over the past year, including $50 million facility led by Colchis.