Newsroom

Harmoney at the ASX small and mid-cap conference

Sydney, Australia, 19 March 2021

Harmoney CEO, David Stevens, took the virtual stage Wednesday (March 17) to present to an enthusiastic investor audience at the 2021 ASX Small and Mid-Cap Conference, eager to learn more about Harmoney. Dave took the audience through a brief overview of Harmoney and its recent performance before rounding things off with a strategic outlook and Q&A. This year’s conference was hosted live in an entirely virtual format with investors hearing from 24 emerging ASX-listed small and mid-cap companies.

Harmoney announces 1H FY21 results

Sydney / Auckland, 24 February 2021

Harmoney Corp Limited (ASX:HMY) (Harmoney or the Company), Australasia’s largest online direct personal lender, announces first half financial year 2021 (1H21) results for the six months ended 31 December 2020.

Harmoney 1H21 Financial Results – Conference Call Details

Sydney / Auckland, 18 February 2021

Harmoney Corp Limited (ASX:HMY) (Harmoney or the Company), advises that its CEO and Managing Director, David Stevens, and CFO, Simon Ward, will present the Company’s First Half FY21 (1H21) financial results on Wednesday 24 February 2021.

Paul Lahiff appointed to the Board as Non-Executive Director

Sydney / Auckland, 15 February 2021

Harmoney Corp Limited (ASX:HMY) (Harmoney or the Company), Australasia’s largest online direct personal lender, announces the appointment of Paul Lahiff to the Board as Non-Executive Director, effective today. Paul will also sit on Harmoney’s Audit and Risk Committee and Chair the Remuneration and Nominations Committee.

Harmoney exceeds loan origination prospectus forecasts with 47% growth in Q2 FY21 on Q1 FY21

Sydney / Auckland, 20 January 2021

Harmoney Corp Limited (ASX:HMY) (Harmoney or the Company), Australasia’s largest online direct personal lender, advises that it has exceeded its loan origination forecasts for the six months to 31 December 2020 (on an unaudited basis), delivering total loan originations of NZ$194m for the period, 2% ahead of prospectus forecasts.

Harmoney secures up to NZ$200 million in debt funding from M&G Investments

22 December 2020

Harmoney Corp Limited (ASX:HMY) (Harmoney or the Company), Australasia’s largest online direct personal lender, has secured its third debt warehousing facility, from M&G Investments (“M&G”), a leading global asset management firm. The NZ$200 million facility* will help to grow Harmoney’s loan originations; accelerate the transition to a 100% warehouse funding model; and support the expansion of Harmoney’s product offering to more consumers across Australia and New Zealand.

Harmoney lists on ASX and NXZ after successful A$92.5m IPO - A$353m market captilisation

19 November 2020

Trading in the shares in Australasia’s largest online direct personal lender, Harmoney Corp Limited (ASX:HMY) (Harmoney or the Company), will commence on a normal settlement basis on ASX at 11.00am (AEST) today following the successful completion of its A$92.5 million Initial Public Offering (IPO) at A$3.50 per share.

Harmoney - 2019 in review

30 December 2019

Harmoney celebrated its fifth birthday in 2019 with some major achievements. We asked our executive team to look back at the year that was, and a give us a glimpse of what's in store for 2020.

Harmoney clears $1.5bn in loan volume

20 December 2019

Harmoney is ending the year on a strong note with a record month of loan business pushing its total volume past $1.5 billion.

Harmoney: A sit-down with new CEO David Stevens; Boardroom Media

https://www.boardroom.media/broadcast?eid=5dc4daf1ef97b37cb293f914,

11 November 2019

Boardroom Media's William Canty speaks with David Stevens, CEO of Harmoney in funding $1.4b in loans in five years, the company's successful Series C capital raise, and plans for growth in Australia.

Harmoney Completes AU$42.9M (NZ$47M) Capital Raise

30 October 2019

Harmoney, a leading digital platform lender in Australasia, has successfully completed a Series C funding round which has raised AU$22.9 million (NZ$25 million) in capital from two new Australasia-based investors. The company, founded in New Zealand in 2014, has received its latest financial backing from Australian private equity firm Kirwood Capital and a private institutional investor based in New Zealand.

Harmoney breaks into song

27 September 2019

Singing to mark a birthday is pretty standard practice. But Harmoney took the tradition a step further by learning to sing together as a choir.

Harmoney named top risk-based personal loan product in Australia

26 August 2019

Harmoney has been named Australia’s top risk-based personal loan at the 2019 Finder awards. It is the first year a personal loans category has been included in the Finder product awards, which celebrate the best and most innovative businesses challenging the status quo on behalf of consumers.

Harmoney Earmarks new CEO for growth in Australia and NZ

15 August 2019

Australasia’s largest marketplace lender is meeting a rapid pace of growth by ushering financial services leader David Stevens into the business from 1 September 2019. Mr Stevens steps into the CEO role in early 2020, a transition which will free Harmoney’s founder and current CEO Neil Roberts to focus on strategy and product as the platform continues to innovate and lead across both markets.

Harmoney records first profit of $7.2m

25 July 2019

Harmoney, the largest online lending marketplace in Australasia, has ended its fourth full year of operation in profit for the first time.

Harmoney’s Marketplace hits $500,000,000

Parnell, Auckland, 23 June 2017

30,000 everyday Kiwi's have truly embraced the sharing economy making the choice to join the Harmoney community, New Zealand’s first online peer-to-peer lending marketplace.

Commerce Commission intends 'case stated' civil proceedings to clarify if Harmoney's platform fees are covered by the CCCFA

29 August 2016

Harmoney has been advised that the Commerce Commission intends to commence civil proceedings in the High Court by way of “case stated” to clarify whether the platform fee charged by Harmoney to borrowers from its marketplace platform is subject to the Credit Contracts and Consumer Finance Act 2003 (CCCFA). The case stated procedure is rarely used and enables the courts to provide a ruling on the interpretation of a particular law.

David Flacks Appointed Chair of Harmoney Board, Trade Me’s Stuart McLean Joins as Director

Parnell, Auckland, 10 June 2016

Peer-to-peer lending marketplace Harmoney has appointed current director David Flacks as its Chair, and Stuart McLean will join the board as a director.

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Harmoney Restructures Fees to Lenders Following 2015 Changes to Borrower Fees

Auckland, 12 May 2016

The leading peer-to-peer lending marketplace Harmoney has announced changes to its fee structure for Lenders, effective from 13 June 2016. The changes follow the restructuring of fees to Borrowers in December 2015, at which time the company significantly reduced the Platform Fee for all Borrowers.

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Harmoney facilitates $200m of loan volume, pays lenders on the marketplace $15m in interest income, and closes an $8.5m Series B financing round.

Auckland, 15 February 2016

Harmoney Corp Limited, Australasia’s largest and fastest growing peer-to-peer lending marketplace, has confirmed the sale of $8.5m of Series B shares to a US-based investor and UK-based P2P Global Investments PLC (P2PGI). The Series B round values Harmoney at $109m.

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