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Lending fintech SoLo Funds faces class-action lawsuit

TechCrunch LogoTechCrunch1w ago

Lending fintech SoLo Funds faces class-action lawsuit - TechCrunch

Quick Summary:

SoLo Funds settled these earlier suits with all but the CFPB.

SoLo has raised at least $13 million, according to Crunchbase, from backers like Serena Williams, Alumni Ventures and Techstars.

As TechCrunch previously reported, the company has been sued by Connecticut, California, and the Consumer Financial Protection Bureau (CFPB).


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Article Details

Author / Journalist: Dominic-Madori Davis

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 20:13:32 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 147 words

Reading Time: 1 minutes read

Sentences: 8 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23206223

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Official Website: techcrunch.com

Update Frequency: 31 posts per day

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News Last Updated: 9 hours ago

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