<aside> 💡 SoLo, short for Soul Loan, is a lending protocol that aims to redefine the DeFi space by allowing under-collateralised lending through off-chain open banking data and on-chain analytics to allow lending to be accessible, quick and ultimately trust-worthy.

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<aside> 📚 With over tens of millions of people being “credit invisible” (i.e. they pay their £1200 rent on time for years, pay all their phone bills/utilities, etc. but aren’t eligible for a £800 a month mortgage or even a basic loan) this impacts the everyday person and more so, people disproportionately affects young people and immigrants.

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For more about our vision:

Our Vision

We empower individuals with fairer access to credit on the blockchain through under-collateralized loans to not only help people in the aforementioned situation but also those other hundreds of millions who are “credit visible” but are given monopolised and unfair credit terms which put them into a spiral of debt.

For more about our values:

SoLo Values

As a start-up in a DeFi space, we received our pre-seed funding from the Entrepreneur First accelerator and earned grants from both Aave and Polygon. Entrepreneur First has also backed AZTEC Network, Voltz, Gensyn as well as many other Web3 companies. ****

For more about our investors:

SoLo investors