News

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.

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