Press releases

Harmoney gains significant momentum, announces new Chairman

Sydney, Australia, 31 August 2021

ASX/NZX release

Strong originations growth in 2HFY21

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.

800% bounce back in lending volumes on April 2020

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.

Harmoney Q3 FY21 results - new loan origination continues to double in Australia

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.

Harmoney at the ASX small and mid-cap conference

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.

Harmoney announces 1H FY21 results

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.

Harmoney 1H21 Financial Results – Conference Call Details

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.

Paul Lahiff appointed to the Board as Non-Executive Director

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.

Harmoney exceeds loan origination prospectus forecasts with 47% growth in Q2 FY21 on Q1 FY21

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.

Harmoney secures up to NZ$200 million in debt funding from M&G Investments

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.

Harmoney lists on ASX and NXZ after successful A$92.5m IPO - A$353m market captilisation

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.

Harmoney announces change to platform; focuses on innovation in services to borrowers

13 February 2020

All future loans will now be funded by Harmoney & its wholesale funders

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.

Harmoney clears $1.5 bn 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.

Harmoney Completes AU$42.9M (NZ$47M) Capital Raise

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.

Harmoney breaks into song to celebrate fifth birthday

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

Harmoney turns five! Meet Rahul Bathla

26 September 2019

Rahul started working with Harmoney from India.

Harmoney turns five! Meet Arthur Koo

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.

Harmoney Earmarks New CEO for Growth in New Zealand and Australia

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.

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.

Looking to the future

5 June 2019

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

From cooking to collections

30 May 2019

Meet Alex Sethi, Harmoney collections officer and former chef

Harmoney's Credit Score Bootcamp on The Cafe

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.

Putting humans first

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.

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.

Robbie the Dog Becomes Star of Local TV Ad after owner ‘Makes it Happen’

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.

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.

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.

David 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.

Harmoney 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.

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.

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.

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.

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...

Harmoney 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.

Harmoney 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.

P2P 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.

Peer to Peer Lending Platform Harmoney Announces Full Board of Directors

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.

Harmoney Granted Peer-to-Peer Lending Licence by Financial Markets Authority

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.

Peer-to-Peer Lending Platform Harmoney Appoints Chairman

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.