Fundraising Fox

SoLo Funds

Techstars '18

Cincinnati, US · Founded 2015 · Delaware corporation · 11 known investors

solofunds.com

SoLo Funds operates a community lending marketplace where individual members lend to and borrow from each other for short-term needs, with optional lender protection. It also offers a wallet, and plans to add a debit card, life insurance, and credit-building tools for its members.

ConsumerFintechInsurTechMarketplaces

Founders & leadership

SoLo Funds was founded in 2015 by Travis Holoway and Rodney Williams.

THTravis Holoway
Travis HolowayinCo-founder · Chief Executive Officer
RW
Rodney WilliamsCo-founder

Investors · 11

Reported raises · per SEC filings

Form D private placements

$2.8M disclosed across 1 round · 2018

$2.8MraisedNov 2018 · 34 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Travis HolowayExecutive Officer, Director
  • Rodney WilliamsDirector
Offering amount
$3M
Amount sold
$2.8M
First sale
Oct 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 9

by search overlap
MoneyLion612 shared keywordsMoneyLion is a financial technology company offering consumer banking products including spend accounts, savings accounts with variable APY, a debit Mastercard with cash back rewards, and a membership plan with added services and insurance benefits. It provides a marketplace connecting users to third-party financial products, with banking services provided by Pathward, National Association.
Finder559 shared keywordsFinder is a personal finance comparison platform that helps consumers find deals on savings accounts, bank bonus offers, and rates. It also publishes money-saving content such as budgeting and savings challenges.
LendEDU516 shared keywordsLendEDU publishes educational resources and comparative reviews to help consumers make informed financial decisions about loans, mortgages, and other financial products. The company earns revenue from affiliate partnerships with financial service providers featured on its platform.
Credit Karma421 shared keywordsCredit Karma is an AI-powered personal finance platform that provides free credit scores, credit monitoring, cashflow insights, and financial marketplace services to help consumers understand and manage their finances. The platform serves over 140 million members with tools for credit analysis, tax filing, and financial opportunity identification.
Credible368 shared keywordsCredible operates an online marketplace where consumers compare prequalified rates for personal loans, student loan refinancing, private student loans, mortgages, mortgage refinancing, and insurance from multiple lenders and providers side-by-side without affecting their credit score. It is not a lender but partners with financial service providers, and also offers free tools such as a debt tracker and credit score monitoring.
Experian301 shared keywordsExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
Beem267 shared keywordsBeem is a fintech app offering instant cash advances up to $1,000 with no credit checks or income restrictions, personal loans up to $100,000, and AI-powered financial tools for budgeting, price comparison, and job matching. It serves gig workers, freelancers, government benefits recipients, and underserved consumers who lack access to traditional financial services.
Chime259 shared keywordsChime is a US financial technology company offering fee-free checking and savings accounts, debit and credit-builder cards, early access to direct-deposited pay and no-fee overdraft cover. It is not itself a bank: deposits are held through partner banks. Founded in 2012 by Chris Britt and Ryan King, it listed on Nasdaq in June 2025 under the ticker CHYM and serves over 10 million active members.
Earnin214 shared keywordsEarnIn provides early wage access, allowing workers to access portions of earned pay before payday. The platform serves hourly workers including teachers, nurses, fast food employees, and military personnel seeking financial flexibility and independence.

Companies competing with SoLo Funds for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does SoLo Funds do?
SoLo Funds operates a community lending marketplace where individual members lend to and borrow from each other for short-term needs, with optional lender protection. It also offers a wallet, and plans to add a debit card, life insurance, and credit-building tools for its members.
Who founded SoLo Funds?
SoLo Funds was founded by Travis Holoway, Rodney Williams in 2015.
Who are SoLo Funds's investors?
SoLo Funds's investors include 100 Black Angels & Allies Fund, ACME Capital, Backstage Capital, Impact America Fund, Jumpstart Ventures, MaC Venture Capital, Ossian Capital, Reign Ventures and 3 more.
How much funding has SoLo Funds raised?
SoLo Funds has disclosed $2.8M raised across 1 round.
Where is SoLo Funds headquartered?
SoLo Funds is headquartered in Cincinnati, US.