Heartland bank becomes one of the first banks globally to buy into a peer-to-peer lender with a 10% stake in Harmoney

By Greg Elisara. Posted 8 September 2014.

Heartland Bank CEO Jeff Greenslade says the bank will lend a "meaningful" amount of money through Harmoney's internet platform having taken a 10% shareholding for an undisclosed sum in New Zealand's first licenced peer-to-peer lender.