Portfolio

Commission files Harmoney proceedings

The Commerce Commission has filed civil proceedings against Harmoney at the High Court, claiming peer-to-peer lender Harmoney's platform fees broke the law and borrowers deserve compensation.


TSB lends through Harmoney

TSB Bank has revealed it has lent $50 million in peer-to-peer loans via Harmoney.

Government 'suffocating' peer-to-peer

National and NZ First have blocked Act leader David Seymour’s attempt to add a definition of a credit fee to the Credit Contracts and Consumer Finance Act.

NZ must be nimble on p2p: Seymour

Act leader David Seymour is calling on the Minister of Commerce to allow peer-to-peer platforms flexibility in their charges.

Harmoney launches automated service

Peer-to-peer platform Harmoney has launched its automated lending system.

Harmoney offers bigger loans

Peer-to-peer lender Harmoney is increasing its loan limit.

Squirrel looking for more opportunities

Squirrel Money founder John Bolton says he probably would not have bothered with peer-to-peer lending if he had not been able to see opportunities beyond it.

More stories
  • Commission files Harmoney proceedings

    The Commerce Commission has filed civil proceedings against Harmoney at the High Court, claiming peer-to-peer lender Harmoney's platform fees broke the law and borrowers deserve compensation.

  • TSB lends through Harmoney

    TSB Bank has revealed it has lent $50 million in peer-to-peer loans via Harmoney.

  • Government 'suffocating' peer-to-peer

    National and NZ First have blocked Act leader David Seymour’s attempt to add a definition of a credit fee to the Credit Contracts and Consumer Finance Act.

  • NZ must be nimble on p2p: Seymour

    Act leader David Seymour is calling on the Minister of Commerce to allow peer-to-peer platforms flexibility in their charges.

  • Squirrel looking for more opportunities

    Squirrel Money founder John Bolton says he probably would not have bothered with peer-to-peer lending if he had not been able to see opportunities beyond it.

  • First year loss not unexpected: LendMe

    LendMe boss Marcus Morrison says a $1 million loss in its first financial statements reflects the investment made in getting the platform off the ground.

  • ComCom wants legal clarity

    The Commerce Commission has gone to the High Court to ask how the Credit Contract and Consumer Finance Act applies to consumer loans entered into with peer-to-peer lender Harmoney.

  • Lending Crowd wants to raise $5m

    Peer-to-peer lender Lending Crowd wants to raise up to $5 million from investors to finance its growth plans.

  • Harmoney faces charges

    Peer-to-peer lender Harmoney is to face charges it misled consumers into believing they had been pre-approved for a personal loan.

  • LVR rules an opportunity for P2P

    Peer-to-peer lender LendMe is expecting to a get boost as a result of the new, tighter loan-to-value restrictions on investors.