Lender Blog

Peer to peer lending news round up - 20th June, 2014

Posted 20 June 2014.

Chinese Peer to Peer Lending website Yooli.com has received a significant investment from Morningside Venture Capital, according to its CEO. The site has around 760,000 users and facilitates 100 million yuan in loans every four days (over $18 million NZD)...

Five reasons why you should invest in peer to peer lending

Posted 12 June 2014.

Last week I got talking to the barista at the café downstairs from our office. He asked what company in the building I worked for, and then what Harmoney was. He seemed intrigued at the idea of peer to peer at first… before balking at the average return on investment. You could almost see the Tui billboard in his head. It’s the sort of too-good-to-be-true reaction we see from a lot.

Peer to peer lending news round up - 6th June, 2014

Posted 6 June 2014.

The headliner for international peer to peer news this week is inarguably Prosper’s growth in May. Prosper are maintaining their growth spurt, with $124 million in loans funded through May, up from just over $100 million in April, and near on a staggering $100 million more than the $25 million issued in May 2013. 

LendIt Conference 2014 in Review: Guest Blog by Andrew Cathie

Posted 21 May 2014.

Anyone following Peer-to-Peer Lending news is unlikely to have missed the fact that LendIt 2014 was on last week. This year LendIt Conference nearly tripled attendees, and boasted representatives from most of the biggest names in online lending. Two of the Harmoney team went along to San Francisco for it, and Andrew Cathie presented during the conference on a specialized area of credit underwriting.