Press release

Looking to the future

, 5 June 2019

techweek 07954

How is the role of a software developer changing?

“How isn’t it changing?” might be another way to ask that question. The only constant thing about working in the world of software development since I started has been that it’s constantly changing.

I think it will always be changing. I think it has to be for it to be a thriving career choice, whatever sector you’re working as a developer in.

One aspect of the job that has become more and more common is the need for developers to be flexible and adapt to changing environments, even taking on roles you may not have seen yourself doing.

I think back to 12 years ago when I was coding in a waterfall approach, proud of my pure object-oriented programming solutions. Today everything is much less about coding, more agile oriented, and more technical, working with other amazing, modern programming paradigms.

As technology continues to evolve so too will the role of the developer, but there will likely always be a developer at the heart of it helping make that evolution possible.


What lies ahead for fintech developers?

“Software is eating the world” is a popular topic online these days, and that is particularly true of fintech as it becomes an increasingly important sector of the global economy.

When I was working in other industries and heard about fintech the first things I thought of were services like Paypal, online banking and being able to pay for my coffee using my phone. It’s come a long way since then.

That makes it an exciting time to be a fintech developer. It offers the chance to be involved in developing  groundbreaking technologies that change the way the world works, just as developments like blockchain have already done.

You could find yourself working in a tiny financial technology start-up or a huge multi-national corporation and that means as a developer you could be working across everything from blockchain, cryptocurrency, online lending, insurance, fund transfers and more. And with technology obviously at the heart of fintech innovation and growth, good dev ops skills, whether you’re a native app developer or full-stack developer, will be key.

Fintech is definitely changing the way that traditional financial organisations operate and being an IT person during that transition offers huge opportunity right now.

About Harmoney

Harmoney is the leading marketplace lender in Australasia. The first to receive a P2P lending licence from the Financial Markets Authority and is the largest provider in the New Zealand market. 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 via 59,000 loans;
  • Paid $165 million in interest to lenders;
  • Awarded best risk-based personal loan product in Australia in the 2019 Finder Awards
  • Has been awarded the Canstar 5-award Outstanding Value (A1 – A5) two years in a row;
  • Created highly skilled and highly paid roles for 115 FTEs in Auckland, Sydney, and Suva;
  • Was a finalist 2017 NZ Hi-Tech Awards.

In New Zealand, Harmoney operates a marketplace where both retail
and institutional lenders can invest their funds. Retail lenders are everyday people lending money in the marketplace, while institutional lenders are financial institutions lending money.