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Peer-to-peer lending company Harmoney picks DataRobot for credit risk assessment AI
Robotics

Peer-to-peer lending company Harmoney picks DataRobot for credit risk assessment AI

The machine learning models Harmoney has created with DataRobot are trained on data captured from more than 300,000 loan applications.

By Kai Ping Lew • 2 min read • Wed, 31st Jan 2018
ComCom vs Harmoney: Peer-to-peer lender under fire over fees
Commerce Commission

ComCom vs Harmoney: Peer-to-peer lender under fire over fees

The Commerce Commission is filing civil proceedings in the Auckland High Court over the the fees it charges borrowers.

By Shannon Williams • 3 min read • Tue, 30th Aug 2016
Harmoney's P2P loan insurance a Kiwi world first
Peer-to-peer lending

Harmoney's P2P loan insurance a Kiwi world first

Harmoney has claimed to be the first in the world to use peer-to-peer lending for 'unforeseen hardship' on loans, the company reports.

By Sara Barker • 2 min read • Tue, 12th Jul 2016
Harmoney founder and CEO Neil Roberts leaves board
Peer-to-peer lending

Harmoney founder and CEO Neil Roberts leaves board

Harmoney's Neil Roberts steps down from board but maintains CEO position amidst company's evolving financial journey.

By Pattrick Smellie • 2 min read • Fri, 31st Jul 2015
How Harmoney is disrupting the traditional finance market
Peer-to-peer lending

How Harmoney is disrupting the traditional finance market

Sites such as Harmoney are said to be disrupting traditional banks and are changing the face of financing as we know it.

By Catherine Knowles • 2 min read • Fri, 30th Jan 2015
Trade Me acquires stake in peer-to-peer lender Harmoney
Trade Me

Trade Me acquires stake in peer-to-peer lender Harmoney

Trade Me has acquired a 15% stake in lending platform Harmoney, New Zealand's first peer-to-peer lending company, for $7.7m.

By Shannon Williams • 2 min read • Mon, 12th Jan 2015
Trade Me takes 15% stake in HarMoney for $7.7 million
Trade Me

Trade Me takes 15% stake in HarMoney for $7.7 million

Trade Me invests $7.7m for a 15% stake in HarMoney, New Zealand's sole licensed P2P lender, aiming to reshape the country's consumer finance.

By Pattrick Smellie • 3 min read • Mon, 12th Jan 2015
Harmoney challenges traditional finance market
Crowdfunding

Harmoney challenges traditional finance market

Harmoney, NZ's first peer-to-peer lender, shakes up the finance sector by linking borrowers directly with investors, promising lower costs.

By Catherine Knowles • 2 min read • Wed, 17th Dec 2014

Global Stories

Harmoney reshuffles senior exec team; appoints new CEO for 2020
Peer-to-peer lending

Harmoney reshuffles senior exec team; appoints new CEO for 2020

Australasian marketplace lender Harmoney has appointed Australian-based David Stevens as its new CEO, effective early 2020.

By Sara Barker • 3 min read • Tue, 20th Aug 2019
Online lending marketplace Harmoney records first profit of $7.2m
Fintech

Online lending marketplace Harmoney records first profit of $7.2m

Harmoney, an online lending marketplace from New Zealand, has recorded its first profit of NZD $7.2 million, marking a pivotal moment in its four-year history.

By Staff Writer • 3 min read • Tue, 6th Aug 2019