SoLo Funds: Lend & Borrow

SoLo Funds: Lend & Borrow

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SoLo Funds: Community Finance Powered by People

Access up to $625 on your own terms with no credit checks, or earn a return by making a social impact. Join over 1 million members in the mission-driven app where we back each other.

Publisher

SoLo Funds Inc.

Category

Finance

Downloads

1M+

User Rating

4.3/5

Total Ratings

33K+

Locales

1

Community in Action

Discover the interface used by 1M+ users.

SoLo Funds app interface showing peer to peer lending and borrowing options for up to 625 dollars

SoLo Funds app interface showing peer to peer lending and borrowing options for up to 625 dollars

Marketplace screen of the SoLo Funds app showing peer to peer loan requests and borrower information

Marketplace screen of the SoLo Funds app showing peer to peer loan requests and borrower information

SoLo Funds app screen showing peer-to-peer lending details for a car payment request

SoLo Funds app screen showing peer-to-peer lending details for a car payment request

SoLo Funds app interface showing the global activity feed with peer to peer loan funding and repayment notifications

SoLo Funds app interface showing the global activity feed with peer to peer loan funding and repayment notifications

SoLo Funds mobile app interface showing the wallet screen with a five hundred dollar available balance and connected bank account

SoLo Funds mobile app interface showing the wallet screen with a five hundred dollar available balance and connected bank account

Smartphone screen displaying the SoLo Funds virtual debit card and wallet details

Smartphone screen displaying the SoLo Funds virtual debit card and wallet details

SoLo IQ AI financial co-pilot chat interface showing personalized budgeting and bill tracking advice

SoLo IQ AI financial co-pilot chat interface showing personalized budgeting and bill tracking advice

Interface of SoLo Funds app showing options to request a loan amount and set flexible repayment terms

Interface of SoLo Funds app showing options to request a loan amount and set flexible repayment terms

Community-Powered Finance That Puts You First

The tools that make this app stand out, trusted by 1M+ users.

🤝

Borrow on Your Own Terms

Access up to $625 without traditional credit checks. We replace rigid bank rules with community trust, allowing you to set your own repayment terms.

🌱

Lend with Social Impact

Earn a return while helping others bridge financial gaps. Use our data-driven tools to fund real people and see the tangible difference your money makes.

🤖

AI-Driven Financial Growth

Leverage SoLo IQ, your personal financial co-pilot. Get smart, personalized advice to optimize your spending, borrowing, and lending decisions.

Loved by users worldwide

Trusted by 1M+ people who love this app.

"

"As a gig worker, unexpected expenses used to mean stressful bank fees or payday loans. SoLo changed that for me. I was able to get $200 for a car repair on my own terms without a credit check, and the community-driven approach made me feel supported rather than judged. It's a total game-changer for financial dignity."

Marcus J., Freelance Designer
"

"I've always wanted to use my savings for more than just interest. With SoLo, I can provide direct support to people who need it while earning a return. The SoLo IQ data tools help me make smart funding choices, and knowing the app is a Certified B Corp makes me proud to be part of this financial movement."

Elena R., Conscious Investor

About the app

Everything you need to know about SoLo Funds: Lend & Borrow.

Description

Access up to $625 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 $625 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) $625 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

Latest Version

3.71

Size

180.6 MB

First Released

Mar 16, 2018

Join the 1M+ Members Powering the Future of Finance

Access up to $625 on your own terms or make a social impact by lending to others. No credit checks, no hidden fees—just people helping people.

Download on App Store
FAQ

Frequently Asked Questions

Everything you need to know about SoLo Funds: Lend & Borrow

What is the maximum amount I can borrow with SoLo Funds?

You can access up to $625 on your own terms through SoLo Funds. The platform provides choice and control without traditional credit checks.

Does SoLo Funds require a credit check to borrow money?

No, SoLo Funds does not perform credit checks. The app offers access to funds instantly, with no approval needed for borrowing.

What financial services are available through the SoLo Wallet?

The SoLo Wallet allows users to deposit, withdraw, and bank with SoLo. It includes a SoLo Mastercard Debit Card issued by Bangor Savings Bank, Member FDIC.

Are there any hidden fees when using SoLo Funds?

No, SoLo Funds guarantees no hidden fees. There are no minimum balance, transaction, expedition, or overdraft fees associated with its services.

How does SoLo IQ assist users in the SoLo Funds app?

SoLo IQ is an AI financial co-pilot within the SoLo Funds app. It offers personalized advice to optimize your lending, borrowing, and spending decisions.

What is the standard repayment period for loans obtained through SoLo Funds?

All loans acquired through SoLo Funds have a repayment period of up to 90 days. Manual in-app repayment is available at any time.

Can I earn a return by lending money using the SoLo Funds app?

Yes, you can earn money by funding requests through SoLo Funds. This allows you to make a social impact while receiving a financial return.

Is SoLo Funds a banking institution?

No, SoLo Funds, Inc. is not a bank. Banking services for the SoLo Wallet and debit card are provided by Bangor Savings Bank, Member FDIC.

How does SoLo Funds protect its community members?

SoLo Funds protects its members through secure communication between bank accounts. It also creates a safety net to cover potential losses within the community.

Is SoLo Funds a Certified Public Benefit Corporation?

Yes, SoLo Funds is a Certified Public Benefit Corporation. This designation reflects its commitment to social impact alongside financial services.