Peer-to-peer lending stories
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.
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.
Peer-to-peer: Wellington ranks #2 in the world for sharing economy
Overall, the study finds that New Zealand offers the highest returns for investors on peer-to-peer money lending platforms.
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.
PledgeMe dips toes into P2P pond
Crowdfunding platform PledgeMe has applied for a license to offer peer-to-peer lending.
New peer-to-peer lender aims to shake up the market
New Zealand-based P2P lender Lending Crowd aims to disrupt SME finance with loans up to $200,000.
Harmoney founder and CEO Neil Roberts leaves board
Neil Roberts steps down from board of Harmoney Corp but remains as CEO. Reasons for departure not disclosed.
Is the $2 million equity crowdfunding limit too low?
The $2 million limit on equity crowdfunding may be revised up over time, says Snowball Effect co-founder Josh Daniell.
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.
Goldsmith approves second tranche of FMCA regulation
The second phase of regulation of the Financial Markets Conduct Act, which overhauled the decades old Securities Act, has been approved by newly in.