SOLO FUNDS

CFPB Targets Tipping Model Used by Serena Williams-Backed SoLo Funds
CFPB Targets Tipping Model Used by Serena Williams-Backed SoLo Funds
July 19, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is intensifying its scrutiny of SoLo Funds, a lending startup backed by tennis star Serena Williams. The CFPB has...

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SoLo Funds ‘Blindsided’ by CFPB Lawsuit
SoLo Funds ‘Blindsided’ by CFPB Lawsuit
May 17, 2024  |  Regulation

The Consumer Financial Protection Bureau sued SoLo Funds, alleging that the online lending platform used “digital dark patterns” to illegally collect fees from borrowers. The lawsuit also alleged that SoLo Funds...

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Short-Term Lending Shows Promise As Lifeline For Paycheck-To-Paycheck Consumer
Short-Term Lending Shows Promise As Lifeline For Paycheck-To-Paycheck Consumer
February 10, 2021  |  Loans

As the pandemic lingers and as individuals and families endure cash crunches and job losses, the exposure to unplanned expenses can reach critical levels. As...

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SoLo Adds Mastercard Integration To P2P Lending Platform
SoLo Adds Mastercard Integration To P2P Lending Platform
April 05, 2019  |  Loans

SoLo Funds announced it has added a Mastercard integration so users can link their debit accounts to the peer-to-peer (P2P) lending platform. The company noted...

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How Digital Disbursements Tools Are Changing Low-Dollar Lending
How Digital Disbursements Tools Are Changing Low-Dollar Lending
August 02, 2018  |  Disbursements

Forty-four percent of employees say they’ve been paid late due to issues arising from manual payroll processing and other discrepancies. In latest Disbursements Tracker, PYMNTS...

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TRENDING: Digital Disbursements Plus P2P Lending Reinvent Payday
TRENDING: Digital Disbursements Plus P2P Lending Reinvent Payday
August 01, 2018  |  Disbursements

When payday comes, employees expect to have easy access to their wages. If the money doesn’t arrive on time, relationships can often be frayed, leading...

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