SoLo Funds: Lend & Borrow

SoLo Funds: Lend & Borrow

Loans On Your Terms

Free
With Ads
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About SoLo Funds

  • Released
  • Updated
  • iOS Version
  • Age Rating
  • Size
  • Devices
  • Languages

Features

Developer of SoLo Funds

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Access up to $575 on your own terms or supply funds to make a social impact and return. Fun fact → SoLo Funds is a Certified Public Benefit Corporation. SoLo is a community finance platform where our members step up for one another. We enable financial services for real people, powered by people. We back each other because we believe in each other. Here’s why thousands of members use SoLo… ACCESS UP TO $575 ON YOUR OWN TERMS We give you choice and control where others don't. No credit checks. We come through for each other because we're in this together. EARN MONEY WHILE HELPING OTHERS SoLo is a great way to make a social impact while also earning a return on your money. Our data driven tools allow you to verify and make smarter choices. Fund a request today. We’re people helping people. Fun fact → SoLo won the 2022 Visa Everywhere DEI Contest amongst the nation’s best fintechs SOLO PROTECTION We’re in this together. We protect each member in our community via secure and easy communication between bank accounts while creating a safety net for potential losses. Fun fact → SoLo was selected as one of Fast Company’s World Changing ideas in 2022 SOLO WALLET Leverage our banking solution to build financial autonomy. Deposit, withdrawal, and bank with SoLo. Fun fact → SoLo won NBCUniversal’s LIFTOff Financial Impact Challenge NO HIDDEN FEES We’re not here to surprise you with fees. SoLo guarantees no hidden fees, no minimum balance fees, transactions fees, expedition fees and no overdraft fees. GET MONEY UNIVERSITY We believe that access to information is the key to building strong financial habits. Take courses, learn, and share this free resource with others. Fun fact → SoLo was selected in 2021 for Global Inclusive Fintech 50 by the Center for Financial Inclusion For more information please visit our website https://solofunds.com/ . (1) $575 Cash Requests: Criteria applies, see Terms https://solofunds.com/terms/ for more details. (2) SoLo Wallet: The bank services are provided by Bangor Savings Bank, Member FDIC. All loans regardless of the early schedule payment have the same terms, with 90 days for repayments and default. The early repayment schedule for a loan request can differ between members with all loans up to 90 days to pay in full until defaulted. Your initial scheduled early repayment date can be skipped without issue and repaid manually in-app at any time with minimum and maximum repayment schedule up to 90 days. All loans have up to 90 days to pay in full until defaulted. See SoLo's Privacy Policy https://solofunds.com/privacy
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Summary of user reviews

What's New in SoLo Funds

+1

3.25

November 27, 2024

SoLo just got a major upgrade: The new SoLo is officially here! We’ve rebuilt and re-architectured our platform and made it better than ever. SoLo Community, we’ve been listening to your suggestions and have some great updates for you. Our latest release includes: • Enhanced Payment Infrastructure • Improved User Verification & Security

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Reviews of SoLo Funds

has some bugs but great concept

Concept of the app: I give them five stars, but they had me update their app over four days ago. Then, immediately after I updated it, they had internal issues with it, so I can't use the app until they fix it, which they still yet to do, and that resulted in the three-star rating I gave them because it’s taking way too long for them to resolve this issue.

I have a new issue with the lending part instead of charging the borrower for the time spent trying to collect the money they want to take 30% from the lender as well as charge a fee to the borrower and now they sent me an email saying if I wanna take this one time offer to take half of what I lend it out instead of waiting for the 70% which I think this is a racket now I see why they sell protection to get 90% back for a fee when you lend money how do I even know that the borrower didn’t pay? We’re just supposed to take their word for it, how do we know that they’re not collecting the money and then saying they didn’t get it so they could collect more money I probably won’t lend any more money on this app again, or at least not to anybody that’s had late payments cause I’m not in it to lose money which I already have.
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Response from developer

Hi , thank you for your review. We truly empathize with the frustration that this experience may have caused you. We truly appreciate your honest review. We would be grateful to provide further details of this concern. Please feel free to reach out to us at help@solofunds.com. Best, Team Solo

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SoLo Funds FAQ

Is SoLo Funds available on iPad devices?

Yes, SoLo Funds works on iPads.

Who created the app?

The SoLo Funds app was released by SoLo Funds Inc..

What’s the minimum iOS version needed for the SoLo Funds app?

The minimum required iOS version for the app to work is 15.0 or higher.

How do users rate the SoLo Funds app?

The rating of 4.3 out of 5 that SoLo Funds has received from users is outstanding.

What category of app is SoLo Funds?

The Solo Funds App Relates To The Finance Genre.

Which is the latest version of SoLo Funds?

3.25 is the current version of SoLo Funds.

What is the update date for SoLo Funds?

December 2, 2024 is the date of the latest SoLo Funds update.

When was the app initially released?

SoLo Funds was introduced to the market on February 5, 2023.

What is the recommended age for SoLo Funds?

Contains nothing objectionable, appropriate for all ages.

What are the languages offered by the SoLo Funds app?

SoLo Funds can be used in English.

Is SoLo Funds accessible through Apple Arcade's subscription model?

Unfortunately, SoLo Funds is not on Apple Arcade.

Does SoLo Funds allow for in-app purchases?

No, SoLo Funds does not allow for in-app purchases.

Is SoLo Funds specifically engineered for Apple Vision Pro compatibility?

Sorry, SoLo Funds is not specifically engineered for compatibility with Apple Vision Pro.

Are there any advertisements in SoLo Funds?

Yes, there are advertisements in SoLo Funds.