Attractive yields on offer at Harmoney

Harmoney’s investors are seeing an average realised yield of 13% on their loans – and they earned a total interest income of $6 million over the last year.

In its first year of operation, Harmoney has attracted 3,000 active individual investors, which was more than the company expected.

At a media briefing to mark the company’s first birthday, Harmoney CEO Neil Roberts said that individual investors have funded 20% of the $100 million worth of loans transacted to date.

“However, last month investors funded 50% of the loans transacted, which was a record.”