SoLo Funds | Company Profile - Revenue, Headcount, Tech Stack, Contacts
SoLo Funds is a financial technology company based in Los Angeles, specializing in a peer-to-peer lending platform that connects borrowers and lenders for small-dollar, short-term loans.
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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.
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