Capital markets: crowding in on the honeymoon

By Greg Elisara. Posted 14 May 2015.

IN HARMONY WITH HARMONEY

The biggest player in the new world of crowd funding is Harmoney, which launched in September last year with big backers, TV advertising and big plans to lend $100 million in its first year on its peer-to-peer lending platform.

Hoping to follow in the fast-growing footsteps of the likes of Lending Club in the United States and Zopa in Britain, Harmoney lent $30 million in personal loans in its first six months, although it is also looking to enter the mortgage market