22 August 2012 7:01am

Another start-up is having a shot at establishing peer-to-peer lending in Australia.

SocietyOne, a firm established by brothers Matt and Greg Symon, opened for business earlier this month. It has a small numbers of investors and has made a few loans.

The business may have better credentials than others that have previously attempted to bring this form of lending to life in Australia.

Only one other aspirant – iGrin – has previously traded, for a couple of years from 2007, but without generating much interest.

Other wannabes – including Fosik and Peermint – either...