Harmoney gets $200 mln funding line from shareholder P2P Global

Thu, 24 Sep 2015

By Paul McBeth Sept. 25 (BusinessDesk) - Harmoney Corp, which operates an online peer-to-peer financial services platform, has secured a $200 million funding line from investor P2P Global Investments, which also increased its stake in the Auckland-based firm. The deal involves debt and equity, and will see P2P Global Investments "purchase loans from the Harmoney marketplace up to $200 million over the next three years across both the New Zealand and Australian markets," the company said in a statement. Harmoney facilitated $100 million of...

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