The latest market updates & press releases can be found in Harmoney's Investor Centre
Sydney, Australia, 31 August 2021
Sydney / Auckland, 16 July 2021
Total new originations up 144% on 1HFY21. Australian new originations up 260%. Receivables tops NZ$501. June 2021 largest ever month of originations.
Sydney / Auckland, 13 May 2021
Harmoney has highest April originations in its history. April volumes have bounced back by more than 800% on the prior (COVID-impacted) corresponding period.
Sydney / Auckland, 12 April 2021
Harmoney Corp Limited (ASX:HMY) (Harmoney or the Group), Australasia’s largest online direct personal lender, provides a trading update for the third quarter ended 31 March 2021 (Q3 FY21), during which it surpassed the significant milestone of NZ$2bn in total originations.
Sydney, Australia, 19 March 2021
Harmoney CEO, David Stevens, took the virtual stage Wednesday (March 17) to present to an enthusiastic investor audience at the 2021 ASX Small and Mid-Cap Conference, eager to learn more about Harmoney. Dave took the audience through a brief overview of Harmoney and its recent performance before rounding things off with a strategic outlook and Q&A. This year’s conference was hosted live in an entirely virtual format with investors hearing from 24 emerging ASX-listed small and mid-cap companies.
Sydney / Auckland, 24 February 2021
Harmoney Corp Limited (ASX:HMY) (Harmoney or the Company), Australasia’s largest online direct personal lender, announces first half financial year 2021 (1H21) results for the six months ended 31 December 2020.
Sydney / Auckland, 18 February 2021
Harmoney Corp Limited (ASX:HMY) (Harmoney or the Company), advises that its CEO and Managing Director, David Stevens, and CFO, Simon Ward, will present the Company’s First Half FY21 (1H21) financial results on Wednesday 24 February 2021.
Sydney / Auckland, 15 February 2021
Harmoney Corp Limited (ASX:HMY) (Harmoney or the Company), Australasia’s largest online direct personal lender, announces the appointment of Paul Lahiff to the Board as Non-Executive Director, effective today. Paul will also sit on Harmoney’s Audit and Risk Committee and Chair the Remuneration and Nominations Committee.
Sydney / Auckland, 20 January 2021
Harmoney Corp Limited (ASX:HMY) (Harmoney or the Company), Australasia’s largest online direct personal lender, advises that it has exceeded its loan origination forecasts for the six months to 31 December 2020 (on an unaudited basis), delivering total loan originations of NZ$194m for the period, 2% ahead of prospectus forecasts.
22 December 2020
Harmoney Corp Limited (ASX:HMY) (Harmoney or the Company), Australasia’s largest online direct personal lender, has secured its third debt warehousing facility, from M&G Investments (“M&G”), a leading global asset management firm. The NZ$200 million facility* will help to grow Harmoney’s loan originations; accelerate the transition to a 100% warehouse funding model; and support the expansion of Harmoney’s product offering to more consumers across Australia and New Zealand.
19 November 2020
Trading in the shares in Australasia’s largest online direct personal lender, Harmoney Corp Limited (ASX:HMY) (Harmoney or the Company), will commence on a normal settlement basis on ASX at 11.00am (AEST) today following the successful completion of its A$92.5 million Initial Public Offering (IPO) at A$3.50 per share.
13 February 2020
All future loans will now be funded by Harmoney & its wholesale funders
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.
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.
30 December 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.
27 September 2019
Singing to mark a birthday is pretty standard practice. But to mark the company's fifth birthday Harmoney took the tradition a step further by learning to sing together as a choir
26 September 2019
Rahul started working with Harmoney from India.
24 September 2019
Arthur was one of the first developers on board with Harmoney in Auckland and is still a vital part of the team
Harmoney recognised for innovative use of data, takes home a win at IAB New Zealand Digital Advertising Awards
30 August 2019
Harmoney, the fastest-growing online lending marketplace in Australasia, has taken home the win in the ‘Best Use of SEM/SEO’ category in the 2019 IAB New Zealand Digital Advertising Awards.
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.
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.
5 June 2019
Harmoney senior software engineer Terexa O'Higgins muses on what the future holds for developers and engineers
30 May 2019
Meet Alex Sethi, Harmoney collections officer and former chef
30 May 2019
Harmoney's Dan York spoke to The Cafe morning show about our Credit Score Bootcamp, and how understanding your credit score can unlock better financial choices.
22 May 2021
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.
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.
Parnell, Auckland, 23 June 2017
When peer-to-peer marketplace Harmoney decided to create a completely user-generated advertising and marketing campaign, it turned the mic to its borrowers.
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.
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.
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.
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.
Harmoney 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.
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.
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.
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...
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.
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.
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.
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.
8 July 2014
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. Harmoney CEO Neil Roberts says that Harmoney is delighted to be the first Peer to Peer lender in New Zealand which is the fastest growing form of lending on the planet and is completely changing the way people borrow and invest.
20 May 2014
New peer-to-peer lender Harmoney today announced the appointment of Rob Campbell as its founding chairman. Campbell’s current directorships include Somerset, Tourism Holdings and Localist. He recently retired as Chairman of Guinness Peat Group (GPG) having completed the divestment mandate.