Trade Me acquires stake in peer-to-peer lender Harmoney

By Greg Elisara. Posted 12 January 2015.

Trade Me has acquired a 15 per cent stake in lending platform Harmoney (harmoney.com), New Zealand’s first peer-to-peer lending company, for $7.7m. The Auckland-based company was founded in July 2013, and is led by consumer finance entrepreneur Neil Roberts. Harmoney is currently the only licensed peer-to-peer lender in New Zealand.