Harmoney

Harmoney is an Australian and New Zealand-based online direct personal lender. The business was founded in 2014 with the intention of introducing P2P lending in New Zealand. As of March 2021, Harmoney had provided NZD $2 billion in loans, all of which were risk-priced, unsecured personal loans of up to $70,000.

When it launched in September 2014, Harmoney was the first licensed provider in New Zealand following the enactment of new financial legislation in the country that made peer-to-peer lending and crowdfunding possible on April 1, 2014.

Harmoney's primary focus has shifted from peer-to-peer lending to the funding of loans to borrowers through a combination of institutional financing and lending from its own balance sheet as of April 1, 2020. The Australian Securities and Investments Commission (ASIC) issued Harmoney a license to facilitate P2P lending, although the company never actively sought or accepted ordinary investors' money. The Australian company, like its New Zealand counterpart, uses a combination of institutional funding and lending from its own balance sheet to finance loans.

Founded: 2013
Headquarters: NewmarketAuckland, New Zealand
Website: harmoney.co.nz - harmoney.com.au