Harmoney Revenue and Competitors

Imagine a world without application forms: an experience that feels human, not cold or intrusive; that is about people and what they need. Fairness and opportunity: this is Harmoney. We disrupted the traditional, static financial model that has been disadvantageous for consumers. We built an ecosystem bringing together borrowers and lenders. We introduced interest rates that are fairly linked to risk - accurately, incrementally and transparently. Our innovative solution (using real-time data-streaming and machine-learning to revolutionise credit score calculation) has reduced the cost of borrowing, forced fairer pricing in the marketplace, set process and efficiency benchmarks, and created highly skilled/highly paid jobs for Kiwis! We've democratised borrowing and investing by gathering and using thousands of data points to benefit customers, and providing unequaled transparency in financial services. Harmoney is the leading marketplace lender in Australasia. It was the first company to receive a P2P lending license from the NZ Financial Markets Authority and is the largest provider in the New Zealand market. Harmoney Australia is ASIC licensed and regulated. Harmoney operates a marketplace where both retail and institutional lenders can invest. Retail lenders are everyday people lending money in the marketplace, while institutional lenders are financial institutions lending money.