About SoLo Funds
SoLo Funds is a mobile lending platform founded in 2018 that facilitates peer-to-peer lending for small-dollar loans. The company operates through a mobile app that connects borrowers seeking short-term loans with individual lenders willing to provide capital. Based in Los Angeles, California, SoLo Funds aims to provide an alternative to traditional payday loans and banking services for underserved communities. The platform allows borrowers to request loans typically ranging from $50 to $1,000, with repayment terms usually between 7-30 days. Borrowers set their own payback terms and optional tip amount for lenders, while lenders can choose which loans to fund based on the borrower's SoLo Score, a proprietary rating system that considers various factors including repayment history and social capital. SoLo Funds has received significant venture capital funding, including investments from ACME Capital, Impact America Fund, and Techstars. The company has processed millions of dollars in loans and serves users across the United States. The platform emphasizes financial inclusion and aims to address the needs of the approximately 78% of Americans who live paycheck to paycheck. In compliance with financial regulations, SoLo Funds operates as a registered financial services company and implements various security measures to protect users' data and transactions.
The information on this page is not an endorsement of Truv's services by SoLo Funds and is meant to be purely informational.
Verify SoLo Funds Employees
Truv provides quick, secure and cost-effective employment and income verifications for thousands of verifiers. The process is simple and automated and most employees are verified in under 24 hours. You only pay for successful verification and can save on average 50% compared to competitors. Thousands of verifiers love Truv because it's been never been easier and more streamlined to verify an employee. Learn more
SoLo Funds Employment Verification FAQs.
You can verify employment for SoLo Funds employees through Truv, a secure and automated verification service. Truv provides quick and cost-effective employment verifications for SoLo Funds and many other employers.
Yes, Truv offers both employment and income verification services for SoLo Funds employees. This service is designed to be comprehensive, covering both employment status and income information.
Most verifications through Truv are completed in under 24 hours.
Yes, we emphasize security in our verification process. Truv provides secure and automated verifications to protect employee information.
Truv operates on a pay-per-success model, meaning you only pay for successful verifications. On average, users save about 50% compared to competitors’ services.
Yes, Truv provides verification services for various Financial Services companies. Some examples mentioned include Salisbury Bancorp, Network Merchants and MidCountry Bank.
No, the information provided about Truv’s verification services is not an endorsement by the SoLo Funds.
