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SoLo Funds raises $10m in Series A funding

Los Angeles based marketplace for short-term, personal loans, raised $10m in Series A funding led by ACME Capital. 

“Our borrowers are school teachers… are social workers. When you live in those larger cities with higher costs of living they can’t afford the financial shocks that they could if they lived in Dayton, Ohio,” said Holoway.

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lending, los angeles, personal finance