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Lending fintech SoLo Funds faces class action lawsuit
Fintech lending startup SoLo Funds is facing a new class action lawsuit according to a copy seen by TechCrunch.
As TechCrunch previously reported, the company has been sued by Connecticut, California, and the Consumer Financial Protection Bureau (CFPB). 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.
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