Solo will make you go LOCO when you discover how simple they have made p2p lending and borrowing. Tired of borrowing Money from your parents ? If so then download solo funds. An app I guarantee you w... See more
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Review summary
Created with AI, based on recent reviews
What people talk about most
Reviews shaping this summary
As soon as I requested a loan the first time a lender proposed to me within minutes! I started with a 52 and after only 1 loan repayment I increased to a 63!! I applied recently again and multiple pro... See more
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Due to an emergency, I found myself in need of help. I had heard about the SoLo Funds app and network and registered. The process was very easy. But what was most important to me is that it is a place... See more
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Well, for a community run system such as this it is quite spectacular. True to form, no credit checks and everyone starts off with a fair shot to grow and build credit with the app ecosystem. And it w... See more
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Company details
About SoLo Funds
Written by the company
SoLo is the leading community finance platform focused on working class communities. Our members borrow on their own terms and lend to make industry leading returns or a social impact.
SoLo has over +3 million users, +2 million loans funded with 82% of its members being from underserved zip codes. As one of the few certified Benefit Corporations in financial services, SoLo has emerged as the new financial service leader on pace to deliver $1B back into working class communities by Q1 ‘26.
The traditional financial system has failed our communities, excluding them from returns and access to short term cash. SoLo created something different, something more human. They went back to the basics, creating a community where people could support each other financially. SoLo calls this community finance.
Contact info
8605 Santa Monica Blvd PMB 615204 , 90069, West Hollywood, California , United States
- info@solofunds.com
- solofunds.com
The #1 Community Finance App
4.5
Excellent
3K reviews
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Reply from SoLo Funds
Dear Chyna,
We’re thrilled to hear that you had such a great experience. Your support means the world to us, and we look forward to continuing to provide you with the best service possible!
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Dear Cynthia,
We’re glad our team could assist you quickly and help resolve the confirmation issues. Your feedback means a lot, and we’re always here to make things easier for you!
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Hello,
We’re happy to hear that we could be there when you needed it. Your support motivates us to keep making access to funds easy and reliable!
Thank You,
SoLo Community Expert
It was simple easy
June 3, 2026
Reply from SoLo Funds
Dear Jacob,
We’re thrilled to hear that the process was simple and easy for you. Your support inspires us to keep things smooth and straightforward!
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Hello,
We hear your concern and appreciate you sharing it. We’re constantly working to improve the experience for all our users, including lenders, and your input helps us make the app better. Please feel free to reach out to our support team so we can understand your experience in more detail and address it.
Thank You,
SoLo Community Expert
Very easy to use and understand!
June 2, 2026
Reply from SoLo Funds
Hello,
We’re delighted to hear that you found our service easy to use and understand. Your support encourages us to keep making things simple and user-friendly!
Thank You,
SoLo Community Expert
Fast cash for when you need it most...
I like this app because there is always a lender ready to fund your loan anytime you need it, and it truly is fast cash once you build your score and trust among the community. It really is a great app and I love it.
June 2, 2026
Reply from SoLo Funds
Dear Tauheedah,
We’re so glad you enjoy the app and appreciate how our community supports you with fast and reliable loans.
Your trust and engagement make our community stronger every day!
Thank You,
SoLo Community Expert
Fees add up quickly which make the…
Fees add up quickly which make the final payoff much more. I understand the reason, but its just something to look for ahead of making this decision
May 24, 2026
Reply from SoLo Funds
Hello,
We understand our model does not follow traditional lending models as we wanted something different, something more human. So we are happy to provide some additional information regarding the loan funding process.
Once a Borrower submits a loan request to the Marketplace, it will then need to be accepted to be funded by a Lender (a user on the app such as yourself). This time period of waiting for your loan to be accepted can vary in time. However, when a loan is accepted to be funded by a Lender and both parties agree on the terms, it takes only minutes for the funds to be deposited into the Borrower's SoLo wallet.
Here are a few points to keep in mind:
1. Funding a loan request is up to the discretion of individual lending members. Borrowing members choose how much and when they pay, including if they want to add an optional tip to the lending member or donation to SoLo. Borrowing members have 100% optionality and control over the terms of their loan, and any amount paid in addition to the loan principal is voluntary. Electing not to tip or donate has no impact on a member’s ability to request a loan, nor does the SoLo platform give a member preferential treatment for including a tip or donation.
2. You can increase your trust in the platform by paying your loans back early or on time. This will increase your SoLo Score, and will also be visible to lending members in your loan history. The higher your score, the more trust future lenders will have in you.
3. Your loan will be active in the Marketplace for up to 3 days. At that time, if it remains unfunded, it’ll be automatically canceled. Upon cancellation, you can immediately create a new request.
4. We offer a SoLo Protection Program to Lenders which provides additional protection for your investments. Regardless of whether you choose to enroll in our Protection Program, we always make our best effort to recover funds for our Lenders.
5. We offer a grace period on all loans during which no late fees are applied.
We hope this information is helpful. Please let us know if you have any additional questions.
Thank you,
SoLo Community Expert
A Community That feels like Family!
Absolutely love the Communities Vibe and realness of this app! I’ve Borrowed and Lended loans for people and it’s honestly blessing when you’re short on funds and can’t get approved for a traditional loan! It feels good knowing there’s a place where someone will lookout for you, and even better when you can be the help someone else needs.
January 23, 2026
Reply from SoLo Funds
Dear Peachez,
We’re thrilled to hear that you feel at home in our community and that the app has been a blessing both when receiving and giving help.
It’s amazing to see users supporting each other - that’s exactly the spirit we love to foster!
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Dear Rufus,
We understand the need for additional funds, and we’re here to support you. At SoLo, you can ladder up your borrowing limit as you continue to repay loans on time and build up your SoLo score.
Thank you for being part of our community.
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Dear Frankie,
We’re thrilled to hear it was great and truly appreciate your kind words. We’ll make sure to pass your thanks on to everyone involved!
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Dear Rich,
We’re glad you enjoy the app and feel appreciated for your on-time payments. Your feedback motivates us to keep rewarding and supporting our users!
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Dear Brian,
We’re so glad we could be there for you when you needed it most. Your support means a lot, and we’ll continue working to provide help whenever it’s needed!
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Hello,
Thank you for taking the time to share your positive experience with us. We're pleased to hear that Solo made a difference for you. Your satisfaction is our top priority, and your review reaffirms the hard work we put in every day.
We look forward to seeing you again soon.
Thank You,
SoLo Community Expert
I was unsure at first but advertising…
I was unsure at first but advertising is one thing results are another! So I’m pleased to receive the help I needed lovely program I’m so impressed!
May 31, 2026
Reply from SoLo Funds
Hello,
We do not take it for granted that you trusted us with your financial needs.
We are pleased you joined our community and we look forward to helping you meet your goals again.
Thank You,
SoLo Community Expert
Efficient and easy to use!
May 30, 2026
Reply from SoLo Funds
Dear Patricia,
We’re delighted to hear that you found SoLo efficient and easy to use. Our goal is to make accessing community-powered funding as simple and seamless as possible.
Thank you for being part of the SoLo community!
Thank You,
SoLo Community Expert
I never received the money and yall…
I never received the money and yall want me to pay it back.
May 29, 2026
Reply from SoLo Funds
Hello,
Thank you for reaching out.
Your first loan was requested and funded on 29 May 2026 and you initiated an ACH withdrawal on the same day.
Kindly note ACH withdrawals take 1 - 2 business days as stated on the platform.
The funds were deposited to you on 1 June, 2026.
Thank You,
SoLo Community Expert
It was hard at first cuz I couldn't get…
It was hard at first cuz I couldn't get approved but I connected 3 debit cards then within 5 minutes I was approved.
May 30, 2026
Reply from SoLo Funds
Dear Brandy,
We understand that getting a loan request accepted as a first timer can be a bit challenging, and we appreciate your patience.
We're glad you were able to complete the verification steps and get approved so quickly afterward.
Thank you for being part of the SoLo community, and we're happy to hear things worked out for you!
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Hello,
We developed SoLo to help people using something different, something more human, and we are glad to hear from you that it works.
We were tired of financial services not designed for our needs and the lack of transparency, simplicity, and unfair terms.
Thank You for being part of our community where people support each other.
Thank You,
SoLo Community Expert
Solo Funds is an excellent opportunity…
Solo Funds is an excellent opportunity for the community to help one another. I will forever utilize this platform to be a blessing to many Kings & Queens.
May 30, 2026
Reply from SoLo Funds
Dear Cherrelle,
We developed SoLo to help people using something different, something more human, and we are glad to hear from you that it works.
We were tired of financial services not designed for our needs and the lack of transparency, simplicity, and unfair terms.
Thank You for being part of our community where people support each other.
Thank You,
SoLo Community Expert
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