SoLo Funds | Company Profile
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SoLo Funds
Overview
Based in Los Angeles, this financial technology company specializes in a peer-to-peer lending platform that connects borrowers and lenders for small-dollar, short-term loans. Established in 2018, it aims to provide accessible financial solutions to underserved communities, offering loans without mandatory fees or credit checks. The platform has facilitated over 600,000 loans totaling $300 million, with a significant portion of users coming from underserved areas.
The organization features a community-driven borrowing and lending model, allowing users to request loans on their own terms while lenders contribute to social impact and can earn returns. It has introduced an integrated wallet for enhanced banking services and transaction management. Known for ethical practices and B Corp certification, it remains committed to transparency and empowering recipients with financial resources.
Basic Information
| Industry | financial services |
|---|---|
| Founded | 2018 |
| Revenue | 5M |
| Headquarters | 1680 Vine St, Los Angeles, California 90028-8800, United States |
| Languages | English |
Contact Details
- Phone: +1 800-778-7879
- Website: solofunds.com
- LinkedIn: linkedin.com/company/solo-funds
Key Focus Areas & Initiatives
- Consumer lending
- Peer to peer lending
- Fintech
- Peer-to-peer marketplace
- Financial autonomy
- Impact investing for low-income communities
- Social lending
- Community finance
- Debit card solutions
- Regulatory compliance
- Financial empowerment
- Transparent, no-interest or voluntary fee lending
- Community lending for underserved populations
- Emergency microloans
- Financial literacy education
- Account linking capabilities
- Impact and social justice initiatives
- Microfinance & credit building
- Community impact and wealth building
- Community-driven digital wallet & banking services
- Fast loan disbursement
- Black-owned fintech innovation
- Impact-driven and socially responsible finance
- Mobile app accessibility
- Financial inclusion technology for underserved communities
- AI financial guidance
Technologies Used
- AI
- Android
- Bing Ads
- Bootstrap Framework
- Circle
- Facebook Login (Connect)
- Facebook Widget
- Gmail
- Google Apps
- Google Cloud Hosting
- Google Tag Manager
- Microsoft Office 365
- Mobile Friendly
- Nginx
- Outlook
- Remote
- Render
- Segment.io
- WordPress.org
- reCAPTCHA
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