“Can a balance-sheet personal lender become the white-label lending engine for digital platforms across Australia and New Zealand?”
Founded in late 2013 as New Zealand's first peer-to-peer lending platform, Harmoney initially connected retail investors with personal loan borrowers under a newly enabled regulatory regime. By April 2020 it exited the P2P model entirely, transitioning to a fully balance-sheet, direct-lending business funded by institutional capital. Post-IPO on the ASX in 2021, Harmoney built out its proprietary Stellare® AI decisioning platform and pivoted toward offering Lending-as-a-Service (LaaS) to third-party platforms in Australia and New Zealand, positioning itself as an embedded finance provider rather than just a consumer lender.
Harmoney discloses Evolve Bank & Trust as its banking provider, according to the Embedded Finance Index 2026.
Harmoney does not disclose a bank charter of its own; its banking services are provided through Evolve Bank & Trust.
Harmoney connects to bank accounts through Proviso and Credit Sense.
The Embedded Finance Index 2026 maps 4 layers in Harmoney's stack: Banking / BaaS (Evolve Bank & Trust); Lending (Personal loans (unsecured, $2,000–$100,000), Business cashflow loans (unsecured, under personal name) and Embedded lending / Lending-as-a-Service (LaaS) via API for platform partners); Open banking (Proviso and Credit Sense); Sponsor bank (Evolve Bank & Trust).
Harmoney was founded by Neil Roberts and is founded in 2013, headquartered in Newmarket, Auckland, New Zealand.
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