SOLO

SOLO provides a bureau built as an engine to automate real-time data aggregation and financial reporting for banks and lenders. The platform is designed to connect, resolve, and share customer data across different systems, with customer consent being central to its operations. SOLO aims to streamline the due diligence process for capital deployment and to pre-qualify financing deals.

The company's technology transforms disconnected data into a reusable asset, creating a single, verified financial profile for individuals and businesses. This helps financial institutions eliminate manual data entry, autofill applications, and reduce underwriting costs by up to 40%. SOLO's credit data platform offers features like frictionless applications, continuous underwriting, and proactive product matching, giving lenders constant visibility into a customer's financial eligibility. The system syncs data from various sources, such as payroll and bank accounts, to generate instant financial reports, which is particularly beneficial for small and medium-sized businesses (SMBs) that may not have up-to-date bookkeeping.

For individuals, SOLO enables them to create a portable trust layer, turning their fragmented data into a reusable asset for various financial contexts. The platform serves institutions by helping them organize and utilize the customer data they already possess across different departments and formats, scaling efficiency and relationship growth. The core benefit is shifting the burden of verifying financial information from the consumer to the technology, thereby increasing accuracy and trust in lending decisions.

Keywords: financial data aggregation, automated underwriting, due diligence automation, capital deployment, real-time financial reporting, credit data platform, lending technology, borrower information, reusable identity, financial data verification, portfolio monitoring, SMB lending, data ingestion platform, single source of truth, customer data platform