Peer to peer lender Harmoney raises $10 million as Trade Me leads with 15% stake in company

By Greg Elisara. Posted 13 January 2015.

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 of the Harmoney platform”. Harmoney is the first, and presently only, P2P lender to receive a licence by New Zealand’s Financial Market Authority.