About SocietyOne
SocietyOne is a company based in Sydney (Australia) founded in 2011 was acquired by MONEYME in December 2021.. SocietyOne has raised $29.54 million across 2 funding rounds from investors including MONEYME, News Corp Australia and Reinventure Group. SocietyOne offers products and services including Personal Loans and Loan Calculator. SocietyOne operates in a competitive market with competitors including Wisr, Plenti, MoneyPlace, Pepper Money and Stratton Finance, among others.
- Headquarter Sydney, Australia
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Societyone Australia Pty Ltd
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Products & Services of SocietyOne
SocietyOne offers a comprehensive portfolio of products and services, including Personal Loans and Loan Calculator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for securing loans for various personal needs quickly
Tool to estimate repayments and costs for loan applications
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Leadership Team
10 people
Finance and Accounting
8 people
Product Management Team
7 people
Sales and Marketing
6 people
Data Analysis and Operations Team
5 people
Software Development Team
4 people
Creative and Marketing Team
4 people
Head Team
3 people
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Funding Insights of SocietyOne
SocietyOne has successfully raised a total of $29.54M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $21.04 million completed in December 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $21.0M
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First Round
First Round
(06 Mar 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2014 | Amount | Series B - SocietyOne | Valuation | News Corp Australia | |
| Mar, 2014 | Amount | Series A - SocietyOne | Valuation | Reinventure Group |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SocietyOne
SocietyOne has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include MONEYME, News Corp Australia and Reinventure Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage Australian tech companies are invested in by Reinventure Group.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location | |
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Media and information services company
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SocietyOne
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SocietyOne
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Societyone Comparisons
Competitors of SocietyOne
SocietyOne operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wisr, Plenti, MoneyPlace, Pepper Money and Stratton Finance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Consumer loans are enabled via an online P2P lending platform.
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| domain | founded_year | HQ Location |
Consumer loans are enabled via an online P2P lending platform.
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| domain | founded_year | HQ Location |
Unsecured consumer loans are facilitated through an online P2P marketplace.
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| domain | founded_year | HQ Location |
Online platform offering diversified loans
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| domain | founded_year | HQ Location |
Auto loans are provided via an online marketplace platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Societyone
Frequently Asked Questions about SocietyOne
When was SocietyOne founded?
SocietyOne was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is SocietyOne located?
SocietyOne is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Is SocietyOne a funded company?
SocietyOne is a funded company, having raised a total of $29.54M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8.5M, raised on Mar 06, 2014.
What does SocietyOne do?
SocietyOne was founded in 2011 and is headquartered in Sydney, Australia. As a peer-to-peer lending platform in the fintech sector, unsecured personal loans up to 35,000 are offered to qualified borrowers based on credit assessments. Loan applications are listed for verified investors to review and bid upon, with funds management and servicing handled by the platform once matches are secured. Operations focus on direct borrower-investor connections without traditional banking intermediaries.
Who are the top competitors of SocietyOne?
SocietyOne's top competitors include Wisr, Plenti and MoneyPlace.
What products or services does SocietyOne offer?
SocietyOne offers Personal Loans and Loan Calculator.
Who are SocietyOne's investors?
SocietyOne has 4 investors. Key investors include MONEYME, News Corp Australia, Reinventure Group, and Global Founders Capital.