We do things differently! Finding investors who are looking to get great returns and are proud that their investments are supporting real people, then through our lending platform, matching the investors’ funds with 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 our investors’ funds with over 35,000 customers and 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 grow, recently passing $900 million in lending and now have a goal of reaching $1 billion in lending by 2021.
At our core we’re fiercely customer focused. 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”.
2020
March
Launched our credit score service, enabling customers to understand, track and improve their credit score
July
Passed $900 million in originations
August
A finalist in the 2020 AFR Top 100 Innovative Companies for our response to COVID-19 hardship (winners announced October 2020)
2019
March
We pass $600 million in total originations and launch whole loan funding for large institutional investors. SocietyOne took home two awards, receiving the big award of the night 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
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
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
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
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
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
2013
January
Our loan book reaches $1 million
July
Our loan book doubles! We’re now at $2 million
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