Peer-to-peer lending news stories
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.
Machine learning
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 lending
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.
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.
Crowdfunding
PledgeMe dips toes into P2P pond
Crowdfunding platform PledgeMe has applied for a license to offer peer-to-peer lending.
New Zealand
New peer-to-peer lender aims to shake up the market
"We’ve looked extremely hard at what really matters to borrowers and investors in New Zealand and have built Lending Crowd [based on this]."
CFO
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."
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.
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.
Crowdfunding
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.