Key hire
Company
SocietyOne
Funding history
Investors
Every investor coverage indicates participated in a round SocietyOne raised.
Who bought SocietyOne
The transaction that ended SocietyOne's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| MoneyMe | Acquisition | 17 Dec 2021 | $14.5m+ | Australian FinTech (16 Mar 2022), Techboard, Startup Daily, Australian FinTech (17 Dec 2021) |
What SocietyOne bought
Companies SocietyOne acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
People
| Name | Role | Sources |
|---|---|---|
| Dr Virginia Marshall | Chief Financial Officer | Australian FinTech |
Coverage
Stories naming SocietyOne. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Exit / M&A
Joust appoints Fintech and Banking experience to Board
Online home loans marketplace Joust adds Virginia Marshall and Stuart Stoyan as non-executive directors, drawing on their banking and fintech backgrounds at Westpac, SocietyOne, MoneyPlace and Fintech Australia.
20 deals
The final FUNDED for 2021
Techboard's year-end roundup catalogues November funding activity: big raises for Rokt, Harrison.ai and Pet Circle, five acquisitions, Investible's second fund closing at $51.6m, plus a watchlist of companies still seeking capital.
Also SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Australian FinTech·Forbes Australia
Exit / M&A
Peer-to-peer lender SocietyOne is selling to ASX-listed MoneyMe in $132 million deal
ASX-listed lender MoneyMe has agreed a scrip-based acquisition of SocietyOne valued at $132 million, with major shareholders escrowing their stakes; the deal completes in March 2022 pending shareholder approval.
Exit / M&A
MoneyMe acquires fellow fintech pioneer SocietyOne
ASX-listed lender MoneyMe is acquiring rival consumer credit fintech SocietyOne in a scrip-based deal valued at $132 million, aiming for scale, cost synergies and revenue growth.
2 deals
Shippit rejects $5M and secures a strategic $2.2M Series A
Shipping platform Shippit took a AU$2.2 million Series A led by Aura Group, with Addventure Fund and RTL Group participating, turning down a larger oversubscribed offer to bankroll Asia-Pacific expansion and hiring.
Also Startup Daily