Marketplace lender Society One has passed a significant milestone, facilitating A$100 million in total loan originations since its launch in 2013. The company is claiming it as a first for the sector.Society One hit its ton with $30 million of new lending in the March quarter, indicating a sharp acceleration of its growth rate.More than 3300 borrowers have used the Society One platform to find a loan.The company said in a media release that investors had received "an effective annualised rate of return" of around 8.5 per cent since the business started.The proportion of impaired and bad loans (90 days past due or more) to total loans is 70 basis points and the proportion of loans in arrears between 90 and 180 days is 50 bps.Society One chief executive Matt Symons was recently appointed to the Government's FinTech Advisory Group.The Australian reported that the company has completed a $25 million round of funding, which was supported by its shareholders.