How Harmoney is disrupting the traditional finance market

By Greg Elisara. Posted 30 January 2015.

Sites such as Harmoney, the New Zealand based peer-to-peer lending service that was launched last September, are said to be disrupting traditional banks and are changing the face of financing as we know it.

In 1994 Bill Gates said, “Retail banks are dinosaurs,” and it is only now becoming apparent how online lending sites will impact significant change on the banking sector.