SoLo Funds is a mobile lending exchange created to provide more affordable access to loans under $1,000. SoLo solves the needs of the 78% of Americans living paycheck to paycheck and the 47% of Americans that cannot solve a $400 emergency cash need without borrowing from someone or selling a personal asset. Lenders can make returns on dollars lent. Borrowers solve their short-term cash needs conveniently and more affordable than ever. SoLo is proving the power of financial collaboration.
Our team is both diverse in cultural background as well as prior career experience. We are financial analysts, brand managers, code gurus, creatives and data lovers, united in our belief of social impact. Most importantly, we were raised in the target demographic of whom we serve. It’s a pain point that we’ve experienced firsthand and we believe our in-depth knowledge of the problem provides us with a competitive advantage to Win.