News and Views

Harmoney records first profit of $7.2m

24 July 2019

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

 The fintech leader, which was founded and is headquartered in New Zealand, recorded a profit of $7.2 million as at the end of FY March 2019, compared to a $1.8 million loss last year.

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Looking to the future

5 June 2019

Harmoney senior software engineer Terexa O'Higgins muses on what the future holds for developers and engineers

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Putting humans first

22 May 2019

First things first, what’s the difference between CX (customer experience), UX (user experience) and UI (user interface) design? It can be incredibly confusing; not just how they’re different from each other, but how they’re different from traditional design.

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Harmoney Reaches $1 Billion in Lending

Parnell, 12 November 2018

Harmoney, Australasia’s largest fintech lending marketplace, has marked another first for fintech in New Zealand and Australia by hitting $1 billion in loan volume. The milestone comes as the company’s operations soared between FY17 and FY18, with 87% revenue growth.

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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.

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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.

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Harmoney 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.

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HARMONEY 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.

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Harmoney 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...

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