A new fintech startup is letting consumers make loans to peers and positioning itself as an alternative to the payday loan industry, and there’s something in it for banks too. Since launching this past April, SoLo Funds, a P2P lending platform, has processed nearly $200,000 in small-dollar short-term loans. With small loan amounts and a default rate …Read More
Start Your Free Week Trial Today!
Subscribe now to start your free trial and continue reading. Just $5 per week after.*
*Option to choose between monthly and annual billing.
Already subscribed? Log in below.