New Zealand-based peer-to-peer lending marketplace Harmoney announced on Friday it has officially achieved $500 million transaction milestone in just under three years of operation. The online lender reported that 30,000 Kiwis have joined its community and have two challenger NZ owned banks, TSB and Heartland,… Read More
Now the New Zealand-based marketplace lender Harmoney has launched in Brisbane, Australia with over $200M in lending capital targeting the 40+ demographic , according to Australian Broker. Interest rates on the company’s unsecured loans start at 8.99% p.a. with no early repayment fees and the ability to borrow… Read More
Trade Me (ASX:TME) has purchased $670,000 woth of shares in New Zealand based P2P lender Harmoney. The investment was said to be designed to hold its stake at 14.4%. Harmoney also operates in Australia. According to a report in NBR, Trade Me purchased 1.3 million… Read More
Harmoney, a New Zealand based peer to peer lending platform, has surpassed $300 million in lending just shy of their 2 year anniversary of consumer lending. According to their website, Harmoney’s bulk of borrowing has been for debt consolidation. Interest rates start at 9.99% today. Lenders… Read More
Peer to peer lender Harmoney is taking some heat from the New Zealand Commerce Commission as they have filed Fair Trading Act (FTA) charges in the Auckland District Court against against them. The Commission previously revealed six FTA charges that Harmoney faced related to 27 versions of… Read More
On Monday, New Zealand’s peer-to-peer lending platform Harmoney announced that it has appointed current director David Flacks as its chair of the board and Stuart McLean will join the board as a director. According to the website, Flacks was named an independent director of Harmoney’s board just two… Read More
Harmoney, the first peer to peer lender in New Zealand, is readying for it’s jump over to Australia. While an exact date has yet to be set, Scoop reports that an invite-only beta launch will happen in the next few weeks so Harmoney can work… Read More
Towards the tail end of last summer, Harmoney founder and CEO Neil Roberts decided to depart his responsibilities from the board of the company he created. It appeared a bit odd at the time, but Harmoney was quick to assure that it was just a “personal decision”. The executive… Read More
Harmoney, the first peer to peer lender to launch in New Zealand, has added some big names to its advisory board. Accord to a release published by the P2P site, Jon Barlow, founder of Eaglewood Capital and Phin Upham of Thiel Capital have signed up… Read More
Harmoney, Australasia’s peer-to-peer lending (P2P) marketplace, announced on Thursday that the company has completed a $200m funding round, led by P2P Global Investments PLC (P2PGI) managed by Eaglewood Europe LLC, a subsidiary of alternative asset manager Marshall Wace. The agreement includes both equity and debt, with… Read More
Harmoney, the first peer to peer lending platform in New Zealand, is welcoming some new competition. Recently the Financial Markets Authority authorized two new platforms; LendMe and Squirrel Money. According to a report in the Stuff.co.nz, both platforms expect to launch before the end of… Read More
Happy Birthday, Harmoney! The peer-to-peer (P2P) platform celebrated a successful first year as a New Zealand’s operating P2P lender, achieving unprecedented growth, creating jobs in New Zealand, Australia and Fiji and is currently preparing to launch in Australia. Harmoney highlights: Facilitated $100 million of personal loans in less than 12 months… Read More
Neil Roberts, founder of New Zealand based peer to peer lender Harmoney, has unexpectedly stepped down as his role as a member of the platform’s Board of Directors. Reportedly Roberts will remain as CEO. Roberts launched Harmoney as the first P2P platform in the country… Read More
New Zealand’s first peer to peer (P2P) lending platform Harmoney today announces the appointment of three senior executives to support the company’s growth objectives. Launched in September 2014, Harmoney is enjoying strong response from customers on both sides of the lending transaction, and attracting interest from… Read More
Harmoney, New Zealand’s first peer to peer lending platform, has raised $10 million in new funding to support the company’s growth. The decision to raise capital was said to be “in response to customer demand that has driven rapid month-on month growth since the launch… Read More
Cloud Lending, the industry’s end-to-end lending solution built on Salesforce.com, today announced the launch of CL Marketplace, a unified cloud platform that simplifies and automates the entire loan process in marketplace lending. CL Marketplace is the latest addition to Cloud Lending’s suite of cloud-based industry… Read More
Kiwi peer to peer lending platform Harmoney has not wasted any time in getting the loans moving. Having officially launched on September 10th, the P2P lender has shared they have quickly lent about $2 million. On top of that – they are rejecting between 70-80%… Read More
The first peer to peer lending platform in New Zealand “Harmoney” officially launched earlier today stated it had commitments for $100 million in capital funding mainly from four investors. Earlier this week it was reported that established bank Heartland had taken a significant equity stake… Read More
New Zealand bank Heartland, an institution with roots going back to 1875, has taken a 10% equity stake in peer to peer lending startup Harmoney. This investment has occurred only months after Harmoney received its license to operated in New Zealand. Heartland bank has targeted… Read More
New Zealand based peer-to-peer lender Harmoney has shared the appointments to their board of directors. Harmoney became the first fully licensed P2P lender in New Zealand this past July. Harmoney had earlier announced former GPG Chairman Rob Campbell as the board chair. The complete board… Read More
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