SoLo Funds: Lend & Borrow 4+

Loans On Your Terms

SoLo Funds Inc.

Designed for iPad

    • 4.4 • 23.7K Ratings
    • Free



Access up to $575 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…

We give you choice and control where others don’t. No interest, no credit checks. We come through for each other because we’re in this together.

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 won the 2022 Visa Everywhere DEI Contest amongst the nation’s best fintechs

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

Leverage our banking solution to build financial autonomy. Deposit, withdrawal, and bank with SoLo.

Fun fact → SoLo won NBCUniversal’s LIFTOff Financial Impact Challenge

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.

We believe that access to information is the key to building strong financial habits. Take courses, learn, and share this free resource with others.

Fun fact → SoLo was selected in 2021 for Global Inclusive Fintech 50 by the Center for Financial Inclusion

For more information please visit our website .
(1) $575 Cash Requests: Criteria applies, see Terms for more details.
(2) SoLo Wallet: The bank services are provided by Synapse's partner banks, Members FDIC.

Zero APR, no APR, no interest rate, zero interest.

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

What’s New

Version 2.122

The SoLo Wallet is here, making lending & borrowing easier than ever! On SoLo, anyone can lend and earn a return, or borrow money on their own terms. SoLo Community, we’ve been listening to your suggestions and have some great updates for you. Our latest release includes:

• Updates to our debit card verification service

Ratings and Reviews

4.4 out of 5
23.7K Ratings

23.7K Ratings

Tractor1122 ,

Great Lending App!

This is an awesome way to not only help people out as a lender, but a great way to get funds in a pinch, borrowers just need to keep in mind, that the people who are lending money to you as a borrower are just normal working people who want to help others…. So I HIGHLY suggest that if you’re REALLY needing money and needing it fast, that you choose a responsible payback date as if you don’t pay back on time, you are discouraging lenders from lending out their hard earned money to you, especially if you are a new borrower with little to no payback history and a low score, I currently have 35 loans out to borrowers and half of them are currently late…. This is not a BANK! Be responsible in choosing your pay back date and be respectful when choosing your tip to your lender! The higher your tip the more likely you will get funded fast! Remember how hard it is to get an affordable loan with bad credit and think about how much you will have to pay for those EXPENSIVE loans…. 15% is VERY VERY low compared to what you will have to pay to any of these payday loans or pretty much any other loan that you may get. I work hard for my money and have limited funds to lend out, so when people don’t pay back or don’t pay back on time, it makes it hard for me to lend money to anyone else in need, so PLEASE keep that in mind when borrowing money. Help me help you! And all the other lenders trying to help people!

Developer Response ,


Thank you so much for your review. We appreciate your feedback and we are happy to have you as part of the SoLo community.

SoLo Team

WildcatMom4 ,

Best lending app out there!

This is literally the best lending app there is. I have been using them for months now. You can either request a loan or you can make money and fund a loan. You can pay back in two weeks or less. You are graded by a number system from 0-99. If you pay on time your number goes up. I’m at 90. Lenders will loan to you easier the higher number you are. But I never ever have had to wait for a lender. When I hit request I am immediately funded. You choose the tip you want to give your lender. You can choose whether to tip Solo or not. I was tipping up until today because the higher your loan is the higher the tip. (Talking about tipping the APP not the lender!) This is the only thing Solo needs to change. Let us decide what tip. You can tell us what is preferred but let us decide. The tipping was way high to where I shut off that option. I’ll tip again but right now I stopped it. Also, when you choose a tip to a lender they can come back and ask for more before they will fund you. You can decline this and your loan will continue to stay in the request column. Oh and One time I requested in middle of night. That was actually only time I didn’t get funded right away. So I deleted my request and asked again during the daytime. So I suggest that. I have not lended money so I can’t give any review on that. As far as a borrow I’m hooked !

Developer Response ,


Thank you so much for your review. We appreciate your feedback and we are happy to have you as part of the SoLo community.


Team SoLo

MattRM89 ,

Excellent resource for financial freedom

SoLo’s mission sets it apart from any other bank or financial services company. Those who are in need of immediate help are able to get a loan very quickly on the platform. Borrowers don’t have to lose their dignity walking into a major bank that may reject them, or a predatory payday loan shop with crazy hidden fees. This app could save people in emergencies like fixing a car so you can get to work, getting food to feed your family, etc., along with just getting back on your feet from financial hardship. The borrower always sets the terms and agrees to any changes suggested by the lender. The loans are funded not by a major corporation but by other SoLo members who have a little extra cash and want to help the community while also taking the chance to earn some profits. These lenders are everyday individuals who will use the proceeds in their local community or to help their own family. In my time on SoLo as a lender I’ve found it to be rewarding helping others, doing good while earning some. Any concerns I’ve had have been quickly addressed by SoLo support with professionalism and dedication. In particular the support agent Gladys has been great. Additionally SoLo has begun education resources with strategies for financial independence, and is working on improvements to the app to help the underserved with better banking options.

App Privacy

The developer, SoLo Funds Inc., indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Used to Track You

The following data may be used to track you across apps and websites owned by other companies:

  • Identifiers
  • Usage Data

Data Linked to You

The following data may be collected and linked to your identity:

  • Financial Info
  • Contact Info
  • Identifiers
  • Usage Data

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Diagnostics

Privacy practices may vary, for example, based on the features you use or your age. Learn More

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