SoLo Funds Launches SoLo IQ, AI Financial Coach Built on $1 Billion in Transactions

May 27, 2026
SoLo Funds has introduced SoLo IQ, an AI financial assistant that provides personalized budgeting and wealth insights by analyzing over $1 billion in transaction data from its 2 million users.

SoLo Funds has introduced SoLo IQ, an AI financial assistant that provides personalized budgeting and wealth guidance, announced in a press release. The system is built on a dataset of more than one billion dollars in transaction volume and insights from over two million users.

SoLo IQ uses a large language model trained on nearly a decade of financial data from the SoLo platform. The tool connects securely to users' financial accounts to deliver customized budgeting recommendations, cash flow predictions, and risk insights. According to the company, this approach enables more accurate, transaction-level understanding than general-purpose language models.

The service is available immediately to SoLo members. Non-members can access it through MySoLoIQ.com. SoLo Funds has used machine learning since its inception to develop risk models and said this launch extends its focus on AI in financial services.

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