In Australia Reinventure Group, the new WestpacÂ-funded venture capital manager, has invested $5Â million in p2p lending service Societyone. Society One, which was founded in August 2012 (see related earlier coverage) by Matt Symons and Greg Symons has originated about 200 loans totalling 4Â million AUD. The loan book has doubled in the past six months. Westpacâ€™s VC fund will be joined on the SocietyOne shareholder register by Rocket Internet, which is already funding Lendico, and several local investors including the Australian head of global private equity giant KKR, ÂJustin Reizes, who said he has invested in Society One in a personal capacity.The 8.5Â million capital raising will allow Society One to develop new credit products. It recently launched livestock loans and loans tailored for young doctors which are being offered to sophisticated investors through its internet-based platform.