Harmoney launches automated service

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

Friday, September 30th 2016, 12:03PM

It has today written to investors, telling them Auto-Lend is being rolled out and will be available to a new group of lenders every day.

The tool will allow investors to automate some or all of their investment. It is optional and only works if it is turned on.

Once it is turned on, when a loan is loaded on to the platform, Auto-Lend assesses whether it meets an investor’s personal investment strategy. “If it does, then the system will order notes in that loan as per your settings,” Harmoney said.

Users of Auto-Lend get priority over manual lending because loans go through the engine before they reach the general marketplace.

Tags: Harmoney

« Harmoney offers bigger loansNZ must be nimble on p2p: Seymour »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved