P2P Lender SoLo Funds Announces Mastercard Integration to Expand Access to Affordable Loans
SoLo Funds, a peer-to-peer lending platform that provides instant affordable access to loans, announced on Thursday its new Mastercard integration, which enables users to link their debit bank accounts to the lender’s platform enabling faster, more seamless lending transactions under $1,000.
“By integrating with Mastercard, SoLo empowers even more users to deliver small-dollar peer-to-peer loans to those who need them most,” said “This integration brings us a step closer to our goal of transforming the lending sector by providing timely access to small loans through everyday mobile users.”-Travis Holoway, CEO and Co-founder of Solo Funds
“The SoLo Funds online marketplace empowers people to give back to their local community by providing them with a way to lend money to their neighbor when she is in a crunch. Continuing to expand the capabilities of this platform is important considering that most Americans live paycheck to paycheck and typically face financial peril when presented with modest (~$400) emergency expenses.”-Marlon Nichols
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