News and Views

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.

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Harmoney clears $1.5bn in loan volume

20 December 2019

Harmoney, New Zealand’s largest online platform lender, is ending the year on a strong note with a record month of loan business pushing its total volume past $1.5 billion.

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Harmoney 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.

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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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