On Wednesdsay, Tala, a Santa Monica-based provider of micro-loans to individuals in the emerging markets, announced a $110 million Series D raise led by RPS Ventures— a firm backed by SoftBank Group, Yahoo! co-founder Jerry Yang, and Alibaba co-founder Joseph Tsai's Blue Pool Capital. On the back of a business that offers loans between $10 to $500, the eight-year old company has reached a valuation in the $700 million range, according to a person close to the funding.