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Harmoney pulls out of peer-to-peer lending

UPDATED: CEO says retail market in NZ simply isn't big enough.

Karyn Scherer Thu, 13 Feb 2020

Attempts by the Government to set up a peer-to-peer lending market in New Zealand have received a major blow, with market leader Harmoney announcing today it is quitting the sector.

The company will no longer accept retail investor applications from today, and will halt all retail investments at

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Karyn Scherer Thu, 13 Feb 2020
Contact the Writer: karyn@nbr.co.nz
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Harmoney pulls out of peer-to-peer lending
General Business,
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