SoLo Funds
SoLo Funds CEO Travis Holoway: “Regulators seem driven by press releases when they should be motivated by true consumer protection and empowering equitable solutions.”
SoLo Funds has agreed to make certain changes to its practices relating to tips and donations and provide “honest disclosures” to both borrowers and lenders.
The over 1 million registered users makes SoLo Funds “the largest and first Black-owned personal finance platform” to reach that milestone, according to the company.