Tagged: james packer

Peer to Peer Lending to Hit $22 Billion in Australia by 2020

According to research by Morgan Stanley, peer to peer lending is set to rocket to $22 billion within the next 5 years in Australia.  This is a country with a population of just 24 million.  This highlights the collision path between traditional finance and disruptive… Read More

P2P Lender SocietyOne Hires Simon Schwarz as New COO as Firm Grows

Australia based peer to peer lending platform SocietyOne has added to its executive team with the appointment of new Chief Operating Officer Simon Schwarz. The new hire will help position the platform for further growth as the P2P lending industry continues to disrupt traditional banks… Read More

Aussie P2P Lender SocietyOne Closes Series B, Gets Backing from News Corp & Consolidated Press

SocietyOne, described as Australia’s first and largest peer to peer lending platform, has announced a successful Series B funding round backed by a consortium of big name Australian investors including News Corp. Australia, Consolidated Press Holdings and Australian Capital Equity.  The big name investors include… Read More

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