The credit fintech SoLo Funds is threatened with a class action lawsuit

SoLo Funds is facing a new class action lawsuit, according to a copy seen by TechCrunch and first reported by Bloomberg.

She accuses SoLo Funds of misleading consumers by advertising zero interest fees for loans while promoting “tip fees” and “donation fees” for obtaining those loans. The complaint alleges that these are hidden fees that are difficult for the company to waive, making their loans more expensive than borrowers expected.

As TechCrunch previously reported, the company was sued by Connecticut, California, and the Consumer Financial Protection Bureau (CFPB). In May, the CFPB alleged that the company used “digital dark patterns” to mislead consumers and illegally charge fees despite no fees being charged in its advertising. SoLo Funds has settled these previous lawsuits with all but the CFPB.

According to Crunchbase, SoLo has raised at least $13 million from backers including Serena Williams, Alumni Ventures and Techstars. SoLo Funds declined to comment.