Trade Me buys into peer-to-peer lender

By Greg Elisara. Posted 12 January 2015.

Auction website Trade Me has snapped up a 15 per cent stake in Harmoney, New Zealand's first peer-to-peer lending operator, for $7.7 million. Auckland-based Harmoney charges fees for the use of its online platform, which officially launched in September and matches lenders with borrowers.