Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

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.

ends

For further information:

About Harmoney

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.

www.harmoney.co.nz

www.harmoney.co.nz/investors/marketplace-statistics


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Commerce Commission: Warns Genesis Over Business Billing Errors

The Commerce Commission has issued a warning to Genesis Energy Limited about billing errors concerning electricity line charges to business customers. Genesis reported the errors to the Commission. The Commission considers that Genesis is likely to ... More>>

QV: Tax Changes Yet To Dampen Red-Hot Housing Market

Just over a month has passed since the Government announced measures aimed at dampening the rampant growth of the property market, and yet the latest QV House Price Index data shows the market hit a new high in April. The average value increased 8.9% nationally ... More>>

Stats NZ: Consents For New Homes At All-Time High

A record 41,028 new homes have been consented in the year ended March 2021, Stats NZ said today. The previous record for the annual number of new homes consented was 40,025 in the year ended February 1974. “Within 10 years the number of new homes ... More>>

The Conversation: Why Now Would Be A Good Time For The Reserve Bank Of New Zealand To Publish Stress Test Results For Individual Banks

Set against the backdrop of an economy healing from 2020’s annus horribilis , this week’s Financial Stability Report (FSR) from the Reserve Bank (RBNZ) was cautiously reassuring: the country’s financial system is sound, though vulnerabilities remain. More>>

Reserve Bank: Concerned About New Zealand's Rising House Prices

New Zealand house prices have risen significantly in the past 12 months. This has raised concerns at the Reserve Bank of New Zealand – Te Putea Matua about the risk this poses to financial stability. Central banks responded swiftly to the global ... More>>

Westpac: Announces Strong Financial Result

Westpac New Zealand (Westpac NZ) [i] says a strong half-year financial result has been driven by better than expected economic conditions. Chief Executive David McLean said while the global COVID-19 pandemic was far from over, the financial effect on ... More>>