2012
August We open for business as Australia's first marketplace lender
November We’re voted "Best of Show" at Finovate Asia 2012 for our application technology
SocietyOne is Australia's leading
digital finance platform
We're on a mission to help our borrowers and investors achieve their goals, and provide both with a better deal.
Finding investors who are looking to get great returns and are proud that their investments are supporting real people, then through our digital lending platform, we help high quality borrowers who are looking to get a better and fairer deal than they’d get from the big banks.
Since our beginning in 2012, we’ve matched investors’ funds with over 35,000 customers and we continue to grow, recently passing $1 billion in lending in January 2021.
With the support of strong shareholders we’ve gone from strength to strength, evolving from a small online start-up to an industry leading scale-up.
We continue to innovate and break barriers to deliver on our mission:
"To provide a better deal for borrowers and investors… one brilliant lending moment at a time."
Part of the MoneyMe Group
SocietyOne is a wholly owned subsidiary of ASX-listed MoneyMe Ltd. Learn more about MoneyMe and the leadership team at MoneyMe’s website.
Award winning personal loans
SOCIETYONE PERSONAL LOANS
For Borrowers
Our borrowers are financially savvy! They have some of the best credit profiles going around which means we can offer them a lower rate!
They love how easy it is to apply (we’re 100% online) and getting a quote doesn’t affect their credit score. The process is so simple and quick…our customer team is fantastic too!
SOCIETYONE PERSONAL LOANS
For Investors
Our investors love that they can gain access to a proven asset class and the security of a consistent monthly income stream with great returns.
Our unit trust model means the whole investing experience is simplified and fairer, just how investing should be.
We're Kicking Goals
2013
January Our loan book reaches $1 million
July Our loan book doubles! We’re now at $2 million
2014
February Westpac Group's Reinventure Fund invests $5 million as part of our Series A capital raising and becomes a major shareholder
March Lending doubles again, reaching $4 million
December We welcome Australian Capital Equity, Consolidated Press Holdings and News Corp Australia as shareholders after our successful Series B $20 million capital raising
2015
February A great start as we pass $20 million in funded loans
July We partner with Veda (now Equifax), to promote getcreditscore.com.au and offer credit scores for free
December KPMG and H2 Ventures ‘Fintech 100 report’ names us as the 37th top financial technology company in the world
2016
April We break through the $100 million barrier of loans funded, a record for an Australian marketplace lender
May We raise a further $25 million in capital from existing and new shareholders, making a total of $55 million since early 2014
December Total originations reach $200 million since our beginning, another record for lending
2017
May We add some trophies to the cabinet winning Innovative Retail Banking Product of the Year at the Australian Retail Banking Awards and Excellence in P2P Lending at the inaugural FinTech Australia awards
October Current loan book passes $200 million, with $350 million in total lending since inception and having helped more than 13,000 customers
2018
January We raise $7.75 million in capital and pass $400 million in originations
May Placed 37th in the AFR Most Innovative Companies award for improvements to our customer application experience
July We launch our own credit scorecard, significantly improving our ability to assess borrower applications
September Total originations passed $500 million
2019
March Passed $600 million in originations Launched whole loan funding for large institutional investors Won Fintech Business Excellence Award (Company) and Lending Innovator of the Year
April We launch a unit trust enabling sophisticated investors to achieve smooth returns
May Place 7th in the AFR Most Innovative Companies award for Banking, Superannuation & Financial Services for our broker channel process and experience
August For our 7th birthday, we celebrate passing $700 million in originations and helping over 30,000 customers
October Awarded Product Review award for personal loans and a Canstar 5 star award
December Capital raise of $15 million to support a $100 million funding warehouse and future growth
2020
March Launched our credit score service, enabling customers to understand, track and improve their credit score
July Passed $900 million in originations
August Placed 2nd in the AFR Top 100 Innovative Companies for our response to COVID-19 hardship
2021
January Passed $1 billion in originations
February Launched secured loans
2022
March SocietyOne joins ASX-listed MoneyMe Group