Press release

Harmoney Bolsters Senior Leadership

Appoints Joint CEOs and trans-Tasman GM Sales/Marketing

Auckland, 11 September 2015

Ahead of its upcoming launch in Australia and tooling up for expected triple digit growth in the coming year, peer to peer marketplace Harmoney announces a new look Senior Leadership Team.

Brad Hagstrom will be promoted to a Joint CEO position, taking on the day-to-day operations of the platform. This change will allow Founder and current CEO, Neil Roberts to concentrate on new channels, markets and other strategic growth opportunities.

Chairman, Rob Campbell says “Brad and Neil are a proven and winning team. Having joint CEOs at this stage in Harmoney’s development is the right thing and will help us achieve our goals more quickly.”

“Harmoney is a young, fast growing company. We have a need for capital in all forms; including funding from retail and wholesale investors to lend via the platform and equity contributions for working capital as we grow.

“Neil’s profile and track record is a strong selling point in the Harmoney story. We are growing so quickly on multiple fronts; sharing the CEO duties between Neil and Brad means we push forward in all areas at once,” says Campbell.

Brad Hagstrom will be responsible for the company’s day-to-day operations, ensuring that Harmoney meet its targets. He will focus on credit, data and risk; three elements critical to the efficient and successful running of the marketplace.

Completing the trio of executive announcements is the appointment of Monica Mathis. Monica is a talented sales and marketing executive who has held senior executive roles in financial services across the globe. Monica joined Harmoney in March and to date has had responsibility for the New Zealand sales, marketing and product functions. With a significant reshaping of Harmoney’s brand and a new TVC and online advertising campaign, her focus now turns to supporting Harmoney’s launch across the Tasman later this year, as General Manager Sales and Marketing, Australasia.

Rob Campbell says: “We’re redefining these key management roles to reflect our focus and to grow even faster whilst delivering a well ran and quality marketplace for the benefit of all stakeholders.”

Harmoney is a finalist in the NZ Innovators Awards 2015 and in the Deloittes Fast 50 Rising Stars.

ENDS
For more information:
Brenda Newth SenateSHJ +64 21 655 534

About Harmoney

The Harmoney team are committed to providing a better way to lend and borrow cutting out the need for traditional banks and finance companies.

Harmoney gained strong acclaim among their borrower community having been awarded a 5-star customer satisfaction rating 4,000 times and counting.

Previous winners of Innovator of the Year, and Deloitte Rising Star awards, Harmoney were also thrilled to be a finalist at the 2017 High Tech awards.

Harmoney was granted the first New Zealand Peer to Peer lending license by the Financial Markets Authority and was the first Kiwi peer to peer lender.

Company highlights:

  • Operating in Australia and New Zealand
  • NZ$500 million transacted by lenders and borrowers on the platform
  • 85 new jobs created
  • 150,000 accounts created to date across borrowers and lenders
  • Heartland Bank and Trade Me cornerstone shareholders