SoLo Funds Revenue and Competitors

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Location

#7887

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • SoLo Funds's estimated annual revenue is currently $31M per year.(i)
  • SoLo Funds's estimated revenue per employee is $139,750
  • SoLo Funds's total funding is $13M.

Employee Data

  • SoLo Funds has 222 Employees.(i)
  • SoLo Funds grew their employee count by 9% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1588.3M854479%$2.3BN/A
#2
$20M1406%N/AN/A
#3
$4.6M4426%N/AN/A
#4
$5920M6222133%$552.3MN/A
#5
$2.2M249%N/AN/A
#6
$4.7M45-2%N/AN/A
#7
$1.6M24-44%$44MN/A
#8
$1.4M21-52%$4.7MN/A
#9
$2.4M26100%N/AN/A
#10
$5.2M5016%N/AN/A

SoLo is an online community where members can request and fund short-term needs. SoLo launched in 2018 with the goal of providing an alternative to short-term loans that were non-predatory, simple, and community-driven. Since then, we've processed over 100,000+ loans and redefined lending for 300,000+ users. Today, we're driven to new heights, but grounded in the same hope and mission: to build a community that enables financial autonomy for all. For more info: www.solofunds.com

keywords:Financial Services, Peer-to-Peer, Consumer Lending

$13M

Total Funding

222

Number of Employees

$31M

Revenue (est)

9%

Employee Growth %

N/A

Valuation

N/A

Accelerator

SoLo Funds News

2022-04-20 - Brianne Kimmel’s new $35 million fund isn’t yet tempted by all of web3

The solo-GP has spent the past few years backing companies that will ... new funds with an average check size of $2 million and post-money...

2022-04-06 - Everest Funds Decides $15 Million Solo Investment in Carypto ...

SEOUL, South Korea, April 8, 2022 /PRNewswire/ -- Last year, Everest Korea Finance Advisor, created a $20 billion ship fund,...

2022-03-30 - SoLo Funds releases the SoLo Wallet and seeks to empower borrowers

SoLo Funds is an innovative company looking to empower underserved communities and individuals who need emergency cash but can't go to a typical...

2021-02-10 - SoLo Funds Snags $10M

Los Angeles-based SoLo Funds, a startup which operates an online crowd-lending marketplace, letting users lend and borrow funds from each other, has raised $10M in a Series A round. The funding was led by ACME Capital, and also included Impact America Fund, Techstars, Endeavor Catalyst, CEAS Inv ...

2021-02-10 - LA-based SoLo Funds raises $10 million to offer an alternative to predatory payday lenders

SoLo Funds wants to replace payday lenders with a community-based, market-driven model for individual lending, and now has $10 million to expand its business in the U.S. Payday lenders offer high-interest, short-term loans to borrowers who are at their most vulnerable, and the terms of their lo ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$78.9M222-1%N/A
#2
$50.1M2223%N/A
#3
$49.4M2249%$10.5M
#4
$33.7M22460%$1.7M
#5
$54.2M2244%N/A