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š #ScaleBlack Day 6: Disrupting Lending with SoLo Funds!
š #ScaleBlack Day 6: Disrupting Lending with SoLo Funds!
Imagine a world where borrowing money doesn't come with crushing debt. What if lenders and borrowers could build trustāwithout banks standing in the way?
Thatās the vision Rodney Williams and Travis Holoway brought to life with SoLo Funds, the first Black-owned personal fintech company. With 2+ million users, SoLo is proving that community-driven lending isnāt just possibleāitās shaping the future of finance.
š Changing the Narrative in Lending
For far too long, people especially those from underserved communities have faced limited access to fair financial options. SoLo Funds transforms this reality by making fast, flexible, and ethical lending possibleāwithout banks or predatory interest rates, by by putting financial control back in the hands of the community.
š§¾ The ReceiptsāHow SoLo is Changing the Game
Even before mainstream peer-to-peer lending took off, SoLo was already breaking barriers:
š¹ First Black-owned fintech to surpass 1M+ usersānow over 2 million strong
š¹ $400M+ in transactions, with 82% of loans benefiting underserved communities
š¹ Named to CNBCās 2023 Disruptor 50 List, ranking among the worldās most innovative companies reshaping finance
š¹ Certified B Corp in the U.S. & Canada, on track to inject $1B into underserved communities by 2024
š¹ Investor Backing from Serena Ventures, MaC Venture Capital, Impact America Fund, Richelieu Dennis, and 100 Black Angels & Allies Fund
š„ "Weāre shifting power from institutions to the people," says Rodney Williams. By blending profit with purpose, SoLo Funds proves that ethical finance is scalable.
By putting financial control back in the hands of the community, SoLo Funds is creating a more equitable and accessible financial ecosystem. This #BlackHistoryMonth, we celebrate the visionary spirit and courage of SoLo Funds for daring to challenge the giants of the finance industry with their groundbreaking work.
š£ļøĀ #ScaleBlack is celebrating disruptors building the futureāRIGHT NOW.
Be sure to visit www.solofunds.com to explore their products and be part of a community reshaping access to capital.
SoLo Funds
SoLo is a community finance platform where our members step up for one another. Borrow, lend and bank on your terms and no mandatory fees.
www.solofunds.com
