SoLo Funds is a fintech company that provides an alternative to payday lenders. The black-owned peer-to-peer lending platform connects borrowers in need of short-term loans with lenders willing to offer small sums of money, typically under $1000, for a limited time. SoLo Funds doesn’t take any commission and the only profit they make is through “administration donation” from the users. Since the relaunch in 2020, the company has grown to nearly 100 employees, one million users, and has processed over 600,000 loans. According to a company statement, the value of loans exceeds $300 million. Here's the original pitch deck that the team used to raise a $10M Series A round.