Harmoney is a New Zealand-based financial technology (fintech) company which operates a consumer-direct (B2C) lending platform in Australia and New Zealand.

In the first half of FY22, Harmoney achieved rapid growth across all key business metrics, with 769k customer accounts added to the Stellare® platform, 224% growth in new customer loan originations and a record period end $557m loan book.

With consumer-direct (B2C) relationships, Stellare® targets customers for remarketing campaigns, driving loan book growth and superior net margins.

Harmoney forecasts its transition to warehouse funding to be ~90% complete by 30 June 2022 and has upgraded its FY22 guidance based on pro-forma financials.

The company has exceeded its Nov 2020 IPO potential with a strategy to create direct relationships with consumers 100% online, at scale, then nurture them to create high value now and into the future.

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