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.
Read morePress releases
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.
Read moreHarmoney: 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.
Read moreHarmoney 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.
Read moreHarmoney 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.
Read moreHarmoney 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.
Read moreHarmoney 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.
Read moreHarmoney 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.
Read moreHarmoney’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.
Read moreCommerce 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.
Read moreDavid 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.
Read moreHarmoney 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.
Read moreHarmoney 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.
Read moreHarmoney Expands Advisory Board with Global Expertise
Auckland, 14 October 2015
Harmoney Corp Limited, Australasia’s largest and fastest growing peer to peer lending marketplace, today announced that two of the world’s leading P2P experts Jon Barlow, Founder of Eaglewood Capital Management and Phin Upham, Principal at Thiel Capital, have joined its Advisory Board.
Read moreHARMONEY Completes $200m funding round with a valuation of $100m
Auckland, 25 September 2015
Harmoney Corp Limited, Australasia’s largest and fastest growing peer to peer lending marketplace, today announced that the company has completed a $200m funding round, led by P2P Global Investments PLC (P2PGI) managed by Eaglewood Europe LLP (a subsidiary of alternative asset manager Marshall Wace). The agreement includes both equity and debt, with P2PGI also signing an agreement for $200m of lending capital for Harmoney’s marketplace. P2PGI will purchase loans from the Harmoney marketplace* up to $200m over the next three years across both the New Zealand and Australian markets.
Read moreHarmoney Bolsters Senior Leadership
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...
Read moreHarmoney Celebrates 1st Birthday and achieves $100m lending milestone.
Auckland, 10 September 2015
Peer to peer marketplace Harmoney celebrates a successful first year as New Zealand’s only operating P2P lender, achieving unprecedented growth, creating jobs in New Zealand, Australia and Fiji and preparing to launch in Australia.
Read moreHarmoney Opens For Business - First P2P Globally to Launch with $100m Capital
Auckland, 10 September 2014
New Zealand’s first peer to peer lender Harmoney today launched its online lending marketplace with $100m lending capital, bringing the world’s fastest growing form of lending to the Kiwi public. CEO Neil Roberts says that Harmoney will turn lending upside down and compete head-to-head with the banks in the personal loan and term investment categories.
Read moreP2P Lender Harmoney Attracts Worldwide Investor Interest, Announces Advisory Board Directors
Auckland, 4 September 2014
New Zealand’s first peer to peer (P2P) lending platform Harmoney today announced the composition of its advisory board, a group of seasoned early stage P2P investors, P2P senior executives and consultants and tech entrepreneurs whose experience will guide the company as it prepares to launch in the New Zealand market and eventually, beyond.Harmoney today announced that it was the first lender in New Zealand to reach the standard required to obtain a Peer to Peer Lending License as granted by the sector’s regulator, the Financial Markets Authority.
Read morePeer to Peer Lending Platform Harmoney Announces Full Board of Directors
Auckland, 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. Appointments to the Harmoney board are Bell Gully Partner David Flacks who is also on the Board of Vero Insurance New Zealand, technology entrepreneur and current Chief Executive of Localist, Christina Domecq, and Tracey Jones, CFO/COO of Tappenden Holdings Limited, one of New Zealand’s largest private investment portfolios.
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