Technology news for Australian CFOs and financial decision-makers
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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.
Online lending marketplace Harmoney records first profit of $7.2m
This is in comparison to the four-year-old company’s $1.8 million loss last year.
Google tips hat to Harmoney for use of AI in marketing
ocal money lending marketplace Harmoney has been dubbed by Google as a standout case study of the powers of artificial intelligence (AI).
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.
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.
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.
Harmoney founder and CEO Neil Roberts leaves board
"He remains the substantial majority share owner and remains as chief executive. The changes do not alter the Harmoney business in any way."
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.
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.
Harmoney challenges traditional finance market
Launched in September this year, Harmoney is a New Zealand based peer-to-peer lending service that connects those who want to borrow with those who want to invest.