[Editor’s note: This is a guest post from Neil Roberts. He is the CEO of Harmoney, a new p2p lending...
You could fit the entire population of New Zealand (4.5 million people) in the New York City boroughs of Queens...
I hear from a lot of platforms both in the US and around the world in various stages of launch....
Harmoney has shared that they are working with DataRobot to improve credit assessments; DataRobot automates data science workflow and allows users to customize predictive models; Harmoney’s models have been trained on data from over 300,000 loan applications; previously it took them 12 to 16 weeks to deploy models, now it takes just minutes. Source
New Zealand-based marketplace lender Harmoney has announced the launch of its services in Australia; the firm has opened an office in Brisbane and plans to begin with $200 million in capital to lend; the firm has also signed agreements for institutional funding for the next three years; rates will start at 8.99% and the firm will offer loans from $5,000 (USD$3,829) to $35,000 (USD$26,801). Source
Harmoney is New Zealand’s first and largest p2p lender, launching in 2014; since then they have built up a loan...