The Halo App

The Halo App is an innovative platform aiming to revolutionize community-based lending. Founded in 2018, the app provides a free platform for various groups such as non-profits, schools, and social organizations, allowing their members access to small dollar loan funds of up to $1000. What sets The Halo App apart is the backing of these loans by community members rather than traditional financial institutions or predatory payday loan centers. This model not only fosters trust within communities but also provides a viable alternative for individuals in need of financial assistance. The app, available on both iOS and Android, operates within the Financial Services and Fintech industries, reflecting the innovative and disruptive nature of its business model. The company is headquartered in the United States, positioning itself in a key market for financial services and technology. In terms of investments, the latest Non-Equity Assistance investment was secured on 01 September 2019. Notably, this investment was made by gbeta, signaling confidence from this well-regarded investor in The Halo App's mission and potential. The backing of gbeta not only provides financial support but also signifies a validation of the app's viability and value proposition in the market. Overall, The Halo App presents a compelling proposition in the realm of community-based lending, addressing a critical need for access to small dollar loan funds while fostering a sense of solidarity and trust within communities. With its recent investment and ambitious vision, the company is poised for significant growth and impact within the financial services and fintech sectors.