UPDATE: UK-based P2P Global takes 4.5% stake in Harmoney

Fri, 25 Sep 2015

(Adds details of shareholding) By Paul McBeth Sept. 25 (BusinessDesk) - UK-based peer-to-peer lender P2P Global Investments has lifted its stake in local platform operator Harmoney to 4.5 percent, while also giving the Auckland-based firm a $200 million funding line. P2P Global Investments increased its holding in Harmoney to about 7 million shares worth some $4 million, a Harmoney spokeswoman said in an emailed statement. That implies a share price of 57 cents and is up from about 1.1 million shares, or 0.3 percent in February. That m...

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