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 is the leading marketplace lender in Australasia. Harmoney Australia is ASIC licensed and regulated. Harmoney was founded in New Zealand in 2014 and launched in Australia in in March 2017.
In just four full years of operation, Harmoney has:
- In FY15-19, generated 1586% income growth, 103% income CAGR and $94.8m cumulative income, 115 employees;
- Raised $32m in capital and invested substantially in its marketplace infrastructure;
- Assessed more than $7.96b in loan applications;
- Facilitated more than to $1.2 billion in loan volume ($100m in Australia) via 59,000 loans;