SoLo is a community that allows members to easily access and supply short-term funds for immediate needs.
Basic Information
Headquartered in Los Angeles, California, SoLo is an online community where members can request and fund short-term needs. SoLo launched in 2018 with the goal of providing an alternative to short-term loans that were non-predatory, simple, and community-driven. Since then, they have processed hundreds of thousands of loans and redefined lending for their community members. Their Investors: ACME, CEAS, Plug and Pay, techstars, West, Impact America Fund and MaC Venture Capital.
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