Harmoney Awarded Canstar 5 Star Award Second Year Running
HARMONEY AWARDED CANSTAR 5 STAR AWARD
SECOND YEAR RUNNING
New Zealand peer-to-peer lending marketplace Harmoney has been awarded a Canstar 5 Star Award for the second year running for its unsecured A Credit Rating personal loan.
Joint CEO and founder of Harmoney, Neil Roberts, said the company is extremely proud to receive recognition from Canstar as one of only three providers in its category to receive the 5-star rating.
"The recognition that we have achieved in several areas – including a 5 out of 5 Overall Satisfaction Rating based on 3,521 ratings from actual borrowers – demonstrates that New Zealanders want a better way to fund the things that they want, and they are starting to question the benefits they get from traditional providers.
"We have since entered the Australian market with a private beta approach only, and are looking forward to advancing the benefits of peer-to-peer lending there as well," he said.
In addition to its Canstar 5 Star Award, Harmoney has also won the Innovators Award 2015 (Financial and Professional Services category), been ranked 15th in the Tech Pioneers Top 50 and selected as one of the Rising Stars in the Deloitte 2015 Fast 50.
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Harmoney is the leading peer-to-peer lending marketplace in New Zealand. It was the first company to receive a P2P lending licence from the Financial Markets Authority and is the largest provider in the New Zealand market. In less than two years of operation, Harmoney has:
· Raised $35 million in capital and invested substantially in its marketplace infrastructure;
· Assessed more than $2.5 billion in loan applications;
· Facilitated $359 million in lending;
· Paid $38.7 million in interest to Lenders;
· Processed more than 7.5 million transactions;
· Has been awarded the Canstar 5-award Outstanding Value two years in a row.
Peer-to-peer lending is an innovative online credit marketplace that connects borrowers directly with lenders. Harmoney does not lend any money; its role is to administer the marketplace and act as an intermediary between borrowers and lenders so anonymity is protected.