3min chapter

This Week in Fintech's Podcast cover image

Hey Fintech Friends #15 ft Rodney Williams & Travis Holoway (SoLo Funds)

This Week in Fintech's Podcast

CHAPTER

Solo Funds

Solo funds allows people to request a loan up to $600 completely on their own terms. They can set how much money they need, what they need it for and when they can pay it back. And if they're willing to pay anything in addition to principles, so there's no mandated or mandatory fees or interest on the platform, they can post that loan request to a marketplace where any other individual person could fund their loan request. So no longer are they only relegated to borrowing money from friends and family, they now can borrow money from complete strangers.

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