Harmoney to target small businesses

By Greg Elisara. Posted 3 November 2014.

Peer-to-peer lending platform Harmoney will add a second string to its bow by facilitating loans to small businesses next year. The Auckland firm has processed $4.5 million of personal loans since its launch in July. The company is the first middleman licensed by the Financial Markets Authority to offer peer-to-peer (P2P) finance.