Peer-to-peer lender SocietyOne closes new funding round with backing from Murdoch and Packer

[1] Sydney’s p2p lender SocietyOne has sealed a new funding of $10 million through the efforts of Consolidated Press Holdings, News Corp Australia and Australian Capital Equity.

[2] SocietyOne is Australia’s first, largest and one of a kind lender because of its minimal fees, and lots of other advantages for both borrowers and investors.

[3] Co-founder and chief executive Matt Symons says the new funding would lift up the status of Australia’s peer to peer lending platforms.

Source: http://www.startupsmart.com.au/financing-a-business/peer-to-peer-lender-societyone-closes-new-funding-round-with-backing-from-murdoch-and-packer/2014120413762.html