# SoLo Funds: Lend & Borrow — Loans On Your Terms > Community finance platform for peer-to-peer lending and borrowing with AI financial advice. (iPhone/iPad app by SoLo Funds Inc..) - Source: https://appshunter.io/ios/app/solo-funds-lend-and-borrow/id1270164837 (this page in markdown: same URL + `.md`) - Developer: [SoLo Funds Inc.](https://appshunter.io/developer/1270164836) - Category: Finance, Lifestyle - Price: Free - Rating: 4.40/5 from 39,806 App Store ratings · 813 written reviews indexed - Age rating: 4+ - Requires: iOS 15.0 · 188 MB - Languages: American English - Released: 2018-03-16 - Data updated: 2026-08-28 - Monetization: free with in-app purchases - User reviews in markdown: https://appshunter.io/ios/app/solo-funds-lend-and-borrow/id1270164837/reviews.md ## What is SoLo Funds? Access up to $650 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 $650 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 is a 2023 CNBC Disruptor 50 Company 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. SOLO IQ SoLo IQ is an AI financial co-pilot that gives you super-personal, smart advice to get the most out of your lending, borrowing, and spending. Fun fact → SoLo was selected in 2021 for Global Inclusive Fintech 50 by the Center for Financial Inclusion SoLo Funds, Inc, a Certified Benefit Corporation, is not a bank. Banking services provided by Bangor Savings Bank, Member FDIC. TheSoLo Funds Mastercard® Debit Card is issued by Bangor Savings Bank, Member FDIC, pursuant to license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circle design is a trademark of Mastercard International Incorporated. Spend anywhere Mastercard is accepted. For more information please visit our website https://solofunds.com/. (1) $650 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 ## Key features - Access up to $625 without credit checks - Earn money by funding others' requests - AI-powered financial co-pilot (SoLo IQ) - Integrated banking solution (SoLo Wallet) - No hidden fees - Community protection and safety net ## Chart rankings - #196 in Top Free · Finance (US App Store) ## What do users think of SoLo Funds? Overall sentiment: negative **Pros** - 💰 Helpful for emergencies - 🤝 Community-driven lending platform - ⚡ Quick loan funding - 🕰️ Flexible repayment periods - 🆙 Ability to build credit score **Cons** - 🤷‍♂️ Inconsistent customer support - 🤯 Unclear fees and policies - 🤕 High risk of loan defaults - 🤬 Lack of lender protection - 📉 Declining lender satisfaction **Commonly reported bugs** - App crashes and freezes - Payment processing issues - Account verification problems - Compatibility problems with certain cards **Most requested features** - Improved lender vetting process - Automated loan recovery system - Transparent reporting on loan statuses - Ability to filter borrowers by credit history - Enhanced communication channels ## Recent user reviews (10 of 813) All indexed reviews: https://appshunter.io/ios/app/solo-funds-lend-and-borrow/id1270164837/reviews.md ### 5/5 — 5stars! *2026-08-16, version 3.91* Awesome! Super fast funding! Less than 5 mins and someone had funded my request and with in 20 mins the funds were in my wallet! Thanks! ### 5/5 — MissD *2026-08-15, version 3.91* Thank you so much an ### 1/5 — Absolute scam/ Ponzi scheme *2026-08-15, version 3.91* I started using solo funds and Everything was great. Then slowly the loans start getting more delinquent and repayments got later and later. Now, I’m sitting with 10 delinquent loans to the tune of $3500 with no communication from solo funds. The oldest one is 350 days outstanding as of today. All of the people I loaned money to had high rated scores and still I have so many delinquent loans either this is a scam or an algorithm that can control when you have delinquent loans versus repaid loans. This is definitely a Ponzi scheme. It is too bad because it was a fun app in the beginning. ### 4/5 — Great if you are in a bind *2026-08-14, version 3.91* I’ve borrowed and repaid 12 loans with solo. The initial fund of 100$ takes a little while to get someone to agree to because you don’t have any history of repaying the loans but once you get established you usually get funded instantly. The fees are a little high. They call it “tipping” the lender but I see it as interest on a loan which is fine. But then you also have to make a solo donation which is also another 20$. Like I said, if you are in a bind it is the simplest way to get some money. The only thing I don’t like is that when you loan is funded, say you get 250$ then you want to transfer it to your bank, it then charges you a little to transfer it so you may only get 243$ after everything. Then the payback amount would be around 305$. ### 1/5 — Don’t *2026-08-14, version 3.91* 👎👎👎 ### 5/5 — Numberoneappp *2026-08-13, version 3.90* 10 of 10 ### 1/5 — Try something else this ain’t it *2026-08-11, version 3.90* I only have one account because I don’t need 10 accounts but the app says the more accounts u link the more higher “credit” score u get so I started with a low number ask for a min amount to test the waters and nothing because of that score yet I looked and people who literally have late payments because the app allows you to check there history those people are getting 100’s of dollar loans I asked for 20 bucks paying back 30 and nothing because that lil score makes me look like you don’t pay bills so this app is for people with all kind of debt your basic worker who has 1 account this won’t work for you my score was a 46 or something like that and they keep pushing to add more accounts I feel this is a scam don’t waste your time ### 5/5 — Awesome platform *2026-08-11, version 3.89* Great platform and will ### 5/5 — Customer service *2026-08-10, version 3.89* Having problems with this app for the past few days but someone by the name of CARL in the help desk was extremely helpful and very patience i do very much appreciate him ### 5/5 — Unexpectedly Great *2026-08-10, version 3.89* Not a review person. Needed a couple bucks for some stuff. This peer 2 peer lending is a great alternative to predatory cash advance apps. Got a loan fulfilled in like 3 mins ## Frequently asked questions about SoLo Funds ### What does SoLo Funds do? SoLo Funds is a community finance platform that allows members to borrow funds up to $625 without credit checks or to earn money by lending to other members. It also provides a banking solution and AI-powered financial advice to help users manage their money. ### How can I access funds with SoLo Funds? You can access funds by requesting a loan through the app. There are no credit checks required, and you can access up to $625. The app offers choice and control over your borrowing terms, with all loans having up to 90 days for repayment. ### How do I earn money with SoLo Funds? You can earn money by supplying funds to other members who have requested loans. This allows you to make a social impact while earning a return on your money. The platform provides data-driven tools to help you make smarter lending choices. ### Are there any hidden fees with SoLo Funds? No, SoLo Funds guarantees no hidden fees. This includes no minimum balance fees, transaction fees, expedition fees, or overdraft fees. The platform is transparent about its costs. ### What is SoLo IQ? SoLo IQ is an AI financial co-pilot designed to provide personalized and smart advice. It helps users maximize their lending, borrowing, and spending activities by offering intelligent financial guidance. ## Version history (last 5 releases) ### 3.92 — 2026-08-19 Various bugfixes & improvements ### 3.91 — 2026-08-14 Various bugfixes & improvements ### 3.90 — 2026-08-11 Various bugfixes & improvements ### 3.89 — 2026-07-16 Various bugfixes & improvements ### 3.88 — 2026-07-08 Various bugfixes & improvements ## Apps similar to SoLo Funds | App | Rating | Price | Category | | --- | --- | --- | --- | | [Klover - Instant Cash Advance](https://appshunter.io/ios/app/klover-instant-cash-advance/id1471211372) | 4.8 (372,419) | Free | Finance | | [Brigit: Cash Advance & Credit](https://appshunter.io/ios/app/brigit-cash-advance-and-credit/id1341884073) | 4.8 (551,600) | Free | Finance | | [Possible: Fast Cash & Credit](https://appshunter.io/ios/app/possible-fast-cash-and-credit/id1380384597) | 4.8 (134,258) | Free | Finance | | [Beem: Cash Advance & Banking](https://appshunter.io/ios/app/beem-cash-advance-and-banking/id1525101476) | 4.2 (32,000) | Free | Finance | | [B9: Cash Advance](https://appshunter.io/ios/app/b9-cash-advance/id1552004842) | 4.5 (21,035) | Free | Finance | | [MoneyLion: Banking & Cash Back](https://appshunter.io/ios/app/moneylion-banking-and-cash-back/id1064677082) | 4.8 (323,665) | Free | Finance | ## Related topics [funds](https://appshunter.io/ios/topics/funds) · [peer to peer lending](https://appshunter.io/ios/topics/peer-to-peer-lending) · [solo funds](https://appshunter.io/ios/topics/solo-funds) · [lending](https://appshunter.io/ios/topics/lending) · [lending invest](https://appshunter.io/ios/topics/lending-invest) · [lending borrowing](https://appshunter.io/ios/topics/lending-borrowing) · [solo](https://appshunter.io/ios/topics/solo) · [solo finance](https://appshunter.io/ios/topics/solo-finance) · [fund lends](https://appshunter.io/ios/topics/fund-lends) · [peer to peer loan](https://appshunter.io/ios/topics/peer-to-peer-loan) · [barrow funds](https://appshunter.io/ios/topics/barrow-funds) · [funds loan](https://appshunter.io/ios/topics/funds-loan) · [p2p lending](https://appshunter.io/ios/topics/p2p-lending) · [lenme](https://appshunter.io/ios/topics/lenme) · [esusuhive](https://appshunter.io/ios/topics/esusuhive) · [lending pad](https://appshunter.io/ios/topics/lending-pad) · [short term loan](https://appshunter.io/ios/topics/short-term-loan) · [saverlife](https://appshunter.io/ios/topics/saverlife) · [kvalitetsfisk](https://appshunter.io/ios/topics/kvalitetsfisk) · [lend me app](https://appshunter.io/ios/topics/lend-me-app) --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-28.*