SoLo Funds: Lend & Borrow

SoLo is an application that allows individuals to become members and access up to $575 on their own terms or supply funds to make a social impact and return. It also offers a SoLo Wallet as a pathway to financial autonomy. The app has won various awards, including NBCUniversal's LIFTOff Financial Impact Challenge and the 2022 Visa Everywhere DEI Contest.

One of the main benefits of using SoLo is the ability to access funds on your own terms, without the need for credit checks. This promotes a sense of community and support among members. Additionally, SoLo allows individuals to earn money while helping others, making it a great way to make a social impact and earn a return on your money. The app also offers data-driven tools to help users make smarter choices when funding requests.

SoLo also prioritizes the safety and protection of its members. The app offers secure communication between bank accounts and creates a safety net for potential losses. The SoLo Wallet feature allows users to deposit, withdraw, and bank with SoLo, promoting financial autonomy.

One of the standout features of SoLo is its commitment to transparency and no hidden fees. The app guarantees no hidden fees, minimum balance fees, transaction fees, expedition fees, or overdraft fees. This allows members to have a clear understanding of their financial transactions and avoid any surprises.

In addition to its financial services, SoLo also offers educational resources through its "Get Money University." The app believes that access to information is key to building strong financial habits and offers courses for users to learn and share with others.

For more information about SoLo and its services, individuals can visit the website. The app also has a privacy policy in place to protect its members' personal information. SoLo has received recognition for its innovative approach, including being selected as one of Fast Company's World Changing ideas in 2021.