SoLo Funds Inc., a mobile trade that lines up amounts of cash under $1,000 for American borrowers short on cash, has relocated the company’s headquarters to downtown, and it is attracting big backers because it gets willing to raise $15 million in a 2nd investment round.
The business, formerly situated in Cincinnati, relocated into a WeWork Cos. Inc. workplace for technology startups, a short-term workplace solution since it looks for a permanent spot, possibly in Culver City, relating to SoLo co-founder Travis Holoway. The move had been stated by him had been centered on have a glimpse at the hyperlink attracting talent towards the business.
Holoway’s partner within the startup, Rodney Williams, stated SoLo raised $3 million in seed financing throughout the year that is past. Continue reading