We’ve invested in peer-to-peer lender Harmoney

By Greg Elisara. Posted 12 January 2015.

Just a quick announcement to let you know that we have invested in lending platform Harmoney, New Zealand’s first peer-to-peer lending company. Trade Me has acquired a 15 per cent stake. Peer-to-peer lending is where investors loan money directly to unrelated borrowers via an online platform, rather than the lending occurring via a traditional financial institution like a bank.