International peer-to-peer operator P2P Global Investments has agreed to provide up to $200 million of lending capital to Harmoney, which will be used to support continued growth in the New Zealand market and the upcoming Australian operation.
Harmoney is New Zealand's first peer-to-peer operator and has been in operation for a year.
It has seen strong growth and issued more than $100 million in loans before it reached its first anniversary.
Its chief executive Neil Roberts said he expected it to have its first $2 million day within the next couple of months.
But to break into the Ausrtralian market it needs more capital...MORE»
Monday, September 14th, 4:35PM
Turners is making an offer to buy shares in Motor Trade Finances (MTF) through its subsidiary Turners Finance Limited.MORE»
Wednesday, September 2nd, 4:53PM
Sky City entertainment grow is to sell $125 million of seven-year bonds, paying 4.65% a year.MORE»
General Finance is seeing growth in its business as investors chase good yields.MORE»
GFNZ, formerly known as Geneva Finance, has returned to profitability.MORE»
The Warehouse Group today announced it is considering making an offer of new five year unsecured, unsubordinated, fixed rate bonds to refinance its $100 million senior bond maturing on June 15 for general corporate purposes.MORE»
Consumers are being warned to make sure they know what they’re doing if they invest in bank capital notes.MORE»
Kiwi Capital Funding is to offer $150 million of perpetual capital notes to the public.MORE»