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Maryland regulators investigate online lending markeplace started by Baltimore native

Maryland regulators investigate online lending markeplace started by Baltimore native
baltimoresun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltimoresun.com Daily Mail and Mail on Sunday newspapers.

Maryland regulators investigate online lending markeplace started by Baltimore native

Maryland regulators investigate online lending markeplace started by Baltimore native
capitalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalgazette.com Daily Mail and Mail on Sunday newspapers.

Connecticut slaps fintech Solo Funds with cease-and-desist order

The state banking commissioner criticized the online peer-to-peer lender’s tipping policies, failure to disclose tips and lack of lending and collections licenses in the state.

SoLo Funds Snags $10M - socaltech com

socaltech.com Los Angeles-based SoLo Funds, a startup which operates an online crowd-lending marketplace, letting users lend and borrow funds from each other, has raised $10M in a Series A round. The funding was led by ACME Capital, and also included Impact America Fund, Techstars, Endeavor Catalyst, CEAS Investments and others. The company says it has now raised a total of $12M in funding. The company was co-foudned by Rodney Williams and Travis Holoway. The company says it lets users with exceeds funds to supply short-term funds for immediate needs to other users. The company s service revolves around mobile apps which run on iOS and Android.

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