Rodney Williams, a cofounder of SoLo Funds.
Rodney Williams, a cofounder of SoLo Funds.
  • Rodney Williams cofounded SoLo Funds, a marketplace where consumers can borrow from each other.
  • Users can borrow up to $1,000 each time, and they have the option to tip the lender and SoLo Funds.
  • In their pitch deck, the team emphasizes the relatable problem and how their solution is different.

In 2015, Rodney Williams and Travis Holoway realized after a visit to see family and friends that people living on tight budgets had nowhere to turn for emergency funds. The entrepreneurs decided to launch SoLo Funds, a fintech marketplace that allows consumers to lend and borrow from each other, to solve this problem.