SocietyOne is an Australian peer-to-peer lending company.[2]
History
Based on UK peer-to-peer lending businesses such as Zopa and Ratesetter, SocietyOne was founded in August 2011 by Andy Taylor, Matt Symons, and Greg Symons.[3] In March 2016, Jason Yetton was hired as CEO; he was succeeded in the role by Mark Jones in July 2018.[4]
Finance
In the third quarter of 2017, it was reported that a total of over $350 million had been borrowed on Society One’s platform since 2012.[5] As of June 30, 2018, that number reached $465 million, and the total valuation of the lending book reached $218 million.