With a focus on connecting lenders and borrowers with access to loans under $1000, mobile short-term lending company SoLo is moving its headquarters to the Los Angeles area, joining such fintech companies as Acorns, Tala, Dave.com, and ZestFinance. The company also announced Jon Blackwell is joining the company as chief product officer.
Blackwell joins seed stage SoLo after co-founding Tala and serving as its chief product officer, leading all product and global growth initiatives across Kenya, Tanzania, and the Philippines, and successfully raising $100 million in funding.