Regulatory ⋆ SoLo Funds

Member Stories

Financial Freedom through Social Trust

Maurice shares, “My credit wasn’t worth a damn. I signed up for the program, started small. Slowly, I built my reputation there, which I really liked—you’re not judged based on what you’ve done in the past. You are judged on your behavior on the platform.”

Kendra’s Story

Kendra Nelson, CEO and Founder of The Charm City Maven, reflects on her journey from earning six dollars an hour at a local carousel to becoming a prominent female entrepreneur in Baltimore.

Borrowers Thank Lenders: Gratitude in Action

SoLo Funds invited borrowers to share heartfelt thank-you videos with our lenders. Our lenders truly transform lives, and our members are deeply grateful.

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Daniel’s Story

Daniel recounts their journey with SoLo Funds, a peer-to-peer lending app crucial for managing day-to-day expenses and unexpected medical bills after suffering a stroke.

Real People. Real Stories.

Genuine testimonials from our members sharing how SoLo Funds provided crucial financial support during their times of need.

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SoLo Funds Calls for Change

The financial system has let down most Americans by failing to provide returns or accessible short-term cash. At SoLo Funds, our petition and member messages stand in support of a change.

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Real Impact

2+ Million

Downloads

1,673,414

Disbursements

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A member asks for help. Another member gives it. That’s the heart and soul of the SoLo community. We have each other’s backs because we’ve all been there.

20 mins

Median Funding Time

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SoLo is built to move funds quickly between members, because when you need emergency help, you need it fast.

82%

Members from Underserved Zip Codes

1 Loan

Funded Every Minute

Our Framework

SoLo Funds has always consulted the top legal experts in the area of consumer finance law to obtain advice on how a new community finance model could work to meet the current needs of Americans. For SoLo, these needs included a voluntary, transparent, and empowering finance structure.

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Our Mission

Congressional Support

Congressman Jonathan L. Jackson wrote to CFPB Director Rohit Chopra to explain the benefits of SoLo Funds.

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Our Manifesto

We believe everyone has a right to support our fellow humans and benefit equally from the financial system. This is the core of SoLo. People helping people.