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Crowdnetic Wire

Blue Elephant partners with first New Zealand peer-to-peer lending platform, Harmoney Corp Limited

13:44 pm, 6 October 2014

IRVINGTON, NEW YORK – October 6, 2014 – Blue Elephant Capital Management, LLC, an investment adviser focused on short-term, prime consumer and small business loans issued by online peer-to-peer (“P2P”) marketplaces, today announced that it will invest $50 million in Harmoney Corp Limited (Harmoney), New Zealand’s only licensed peer-to-peer lending platform, over the next two years.

Read more at Crowdnetic Wire.

Harmoney platform 'liberating lending' 3 News

Harmoney platform 'liberating lending'

13:52 pm, 12 September 2014

(Video)Harmoney's chairman Rob Campbell told Firstline this morning the peer-to-peer system has only become possible recently, thanks to new technology. "It provides a platform which means you don't use a bank or finance company or anything else, you can handle the process yourself, whether you're a borrower or a lender and there's in effect no intermediary."

Read more at 3 News.

Peer-to-peer lender Harmoney launches, officially, with $100 million to lend

14:10 pm, 10 September 2014

Harmoney "officially" launches today with its CEO saying New Zealand's first licenced peer-to-peer lender has $100 million to lend. CEO and founder Neil Roberts said Harmoney has secured $100 million in lending capital from four funders including Heartland Bank. He declined to name the other three, but described them as specialist peer-to-peer investment funds with some of the money coming from overseas.

Read more at interest.co.nz.

Harmoney launches with $100m to lend

14:08 pm, 10 September 2014

Harmoney, New Zealand's only licensed peer-to-peer lender, said it has commitments for $100 million mainly from four investors it plans to lend to consumers with a sliding scale of interest based on their credit risk.

Read more at NZ Herald.

3 News

Harmoney launches with $100m

14:07 pm, 10 September 2014

New Zealand's only licensed peer-to-peer lender, Harmoney, said it has commitments for $100 million from investors. Harmoney, whose online platform went live four weeks ago and officially launched on Wednesday, matches investors with borrowers of up to $35,000 with interest rates ranging from 9.99 percent to as high as 39.99 percent depending on their assessed risk profile.

Read more at 3 News.


Heartland invests in Harmoney funding, after taking 10% stake

15:57 pm, 8 September 2014

Heartland New Zealand will invest a “meaningful amount” into peer-to-peer lender HarMoney after taking a 10% stake for an undisclosed sum in New Zealand's only licensed platform, the bank’s chief executive Jeff Greenslade says.

Read more at TVNZ.

NZ's first licenced online peer-to-peer lender now up and running

16:17 pm, 2 September 2014

Harmoney, New Zealand's first licenced peer-to-peer lender, is now open for business. "Peer to peer (P2P) lending is now live in New Zealand," the company's website says. As intermediaries, online P2P lending platform operators will match lenders with borrowers seeking loans for personal, charitable, or small business purposes and receive fees for doing so.

Read more at interest.co.nz.

New lender to tackle banks stuff.co.nz

New lender to tackle banks

16:21 pm, 31 August 2014

Neil Roberts is a hunter after extreme value. He is about to press the go button on Harmoney, the country's first peer-to-peer lender, challenging the banks for a slice of the "prime" personal loan market.

Read more at stuff.co.nz.

Yahoo! NZ

Harmoney comes to Auckland

16:25 pm, 4 August 2014

Harmoney, an Auckland-based start up, this month became the first peer to peer (P2P) lending company in New Zealand Licensed by the Financial Markets Authority (FMA).

Read more at Yahoo! NZ.

Yahoo! NZ

Harmoney announces full board of directors.

16:31 pm, 1 August 2014

Peer to peer lending platform Harmoney today announced the appointment of its full board of directors. This follows the announcement in May of former GPG Chairman Rob Campbell as Harmoney Chairman.

Read more at Yahoo! NZ.

Crowdfunder Insider

Harmoney gets first P2P lending license in New Zealand

16:34 pm, 16 July 2014

The Financial Markets Authority (FMA) in New Zealnd issued the very first peer to peer (P2P) lending license last week to Harmoney. The Auckland based company gets to claim “1st” in another country that has embraced the power of technology to transform the geriatric banking industry.

Read more at Crowdfunder Insider.

Peer-to-peer lending arrives in NZ 3 News

Peer-to-peer lending arrives in NZ

16:39 pm, 11 July 2014

The Financial Markets Authority (FMA) has granted New Zealand's first peer-to-peer lending licence to Auckland company Harmoney.

Read more at 3 News.