Proof of Usefulness Report

SoLo Funds

Analysis completed on 1/30/2026

+582
Proof of Usefulness Score
Industry Mainstay

SoLo Funds is a verifiable, high-traction peer-to-peer lending marketplace with over 1 million downloads and significant real-world utility for underserved borrowers. While the project fits the 'Much larger scale' calibration tier (Team 50+, 1M+ users), the submission quality was exceptionally poor, relying on hyperbole ('everyone', 'most people') rather than data. The score reflects the project's strong external fundamentals (Series B status, B-Corp certification) adjusted downward for the lack of specific evidence provided in the input and ongoing regulatory risks in the lending sector.

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Score Breakdown

Real World Utility+212.5
Audience Reach Impact+98.0
Technical Innovation+112.5
Evidence Of Traction+127.5
Market Timing Relevance+80.0
Functional Completeness+2.5
Subtotal+633
Usefulness Multiplierx0.92
Final Score+582

Project Details

Project URL
Description
SoLo Funds is the leading alternative financial solution providing the fastest loan option to borrowers and option for lenders to obtain significant value. SoLo launched as a unique \u0026 proprietary lending marketplace and has since grown to a multifaceted advanced community banking solution powered by individual capital and enabled by insurance, banking products, and dynamic A.I. underwriting.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline