Personal lender Harmoney is set to hit the ASX boards, meeting potential investors last week and targeting an initial public offering in late November.
Harmoney has hired stockbrokers Jarden and Ord Minnett to advise on funding options, which include a private debt or equity raising or IPO sharemarket float.
Harmoney, an established Australia and New Zealand-based consumer finance fintech, has secured its first debt securitisation warehouse facility in Australia
Peer-to-peer lender Harmoney has recently set up shop in Australia, with Brisbane the first lucky city to host the fast growing company. According to Harmoney Australia General Manager Ben Taylor, the lender is expecting to be popular with Aussie homeowners 40 years and older. “Early signs following our beta testing in Australia show that mom-and-pop borrowers will be quick to embrace a competitive, customer service focussed marketplace lending solution for debt consolidation, home improvement and travel,” he said. Initially, the platform will be open to borrowers only, for loans between $5,000 and $35,000 with terms of 36 and 60 months. Rates on unsecured loans start at 8.99% p.a., with no […]
CarClarity secures A$3 Million Series A to continue rapid growth of its car financing and online purchasing platform
Australian leading car financing platform, CarClarity, has closed a A$3 million Series A funding round led by Equity Venture Partners.