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SoLo Funds logo — Community finance is the answer.

SoLo Funds

Community finance is the answer.

Founded 2018 United States Los Angeles, United States 60 employees Series Unknown Total: $13.02M Financial Services, Fintech +2

General Information

Company Name SoLo Funds
Founded Year 2018
Location United States Los Angeles, United States +1
Employees 60
Industries Financial Services, Fintech, Lending and Investments +1
Funding Stage Series Unknown
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About SoLo Funds

SoLo Funds is a financial service provider that aims to create a community finance platform where members support each other. Their slogan, "Community finance is the answer," encapsulates their mission. Established in 2018 in the United States, SoLo Funds launched with the objective of offering an alternative, equitable, empowering, and community-driven approach to lending. Since then, they have facilitated millions of transactions and redefined financial services for their community. Their latest achievement includes a Venture Round investment in March 3, 2023, which was backed by Serena Ventures. As they endeavor to expand their reach and offerings, SoLo Funds remains committed to their mission of fostering financial autonomy through people-powered solutions. For more information, visit www.solofunds.com.

Taxonomy: community finance, lending alternative, equitable, empowering, community-driven, financial autonomy, emergency funding, credit building, premium member services, real people, marketplace, SoLo Funds, community members, financial inclusion

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
03 Mar 2023
Series A •••••• 7
Investor Investor Investor Investor Investor
•••• •••• 		10 Feb 2021
Series A •••••• 4
Investor Investor Investor Investor
12 Jan 2021
Convertible Note •••••• 2
Investor Investor
31 Aug 2020
Seed Round •••••• 6
Investor Investor
•••• •••• 		02 Oct 2019

View All 7 Funding Rounds

SoLo Funds Alternatives & Competitors

SoLo Funds vs
UVA Community Credit Union
UVA Community Credit Union United States

A not-for-profit financial cooperative committed to providing affordable financial solutions to its...

163 employees
Financial Services, Lending and Investments
Compare SoLo Funds vs UVA Community Credit Union
SoLo Funds vs
Co-op Credit Union
Co-op Credit Union United States

Mission-Driven. Community-Focused. Employee-Friendly.

64 employees
Financial Services, Lending and Investments
Compare SoLo Funds vs Co-op Credit Union
SoLo Funds vs
VITAL CARD
VITAL CARD United States

VITAL is the credit card that pays you to share and spend responsibly. Get paid cash forever for eac...

Series Unknown
17 employees
Financial Services, Fintech
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FAQ About SoLo Funds

Community finance is the answer.
SoLo Funds was founded in 2018.
SoLo Funds is headquartered in Los Angeles, United States.
SoLo Funds operates in the following industries: Financial Services, Fintech, Lending and Investments, Banking.
SoLo Funds has approximately 60 employees.
SoLo Funds has completed 7 funding rounds, raising a total of $13.02M. The latest funding stage is Series Unknown.
Top alternatives and competitors to SoLo Funds include UVA Community Credit Union, Co-op Credit Union, VITAL CARD, Clockwise Credit Union, CASE Credit Union. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SoLo Funds and UVA Community Credit Union are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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