EMERGING ISSUER PROFILES
GREENSILL
HARMONEY
AUSTRALIAN ADI
NO
AUSTRALIAN ADI
NO
TYPE OF LENDING
WORKING-CAPITAL FINANCE
TYPE OF LENDING
UNSECURED CONSUMER
SIZE OF LENDING BOOK (GLOBAL) US$27BN
SIZE OF LENDING BOOK
NZ$472M
PROPORTION OF SECURITISATION PORTFOLIO IN COVID-19 PAYMENT RELIEF
N/A*
3.7%
YEAR OF ESTABLISHMENT
2011
PROPORTION OF SECURITISATION PORTFOLIO IN COVID-19 PAYMENT RELIEF AT 31 OCT 2020 YEAR OF ESTABLISHMENT
2013
* Greenshill financing terms do not meet or require COVID-19 relief guidelines.
IS THIS YOUR COPY OF ASJ ? To register your interest in receiving a copy of the Australian Securitisation Journal or to discuss sponsorship opportunities, please contact: Jeremy Masters
G
reensill is a market-leading nonbank provider of workingcapital finance for businesses and people globally. Greensill unlocks capital so the world can put it to work. Greensill has more than 1,000 specialists providing working-capital financing solutions around the world, but the company is about much more. Greensill uses the power of financial markets to unlock capital on terms that fit the needs of its clients, from 20 days to 20 years and beyond. In 2020 Greensill provided US$143 billion to customers and suppliers in 175 countries. With the acquisition of Australian fintech start-up Earnd in 2020, Greensill is applying the same revolutionary thinking to wages that it brings to working capital. The Earnd app lets employees of Greensill’s clients draw down their wages as they are earned, at no cost to them. It was awarded the SCF Innovation of the year at the 2020 Supply Chain Finance Awards.
◆ jmasters@kanganews.com ◆ +61 2 8256 5577
◆ please contact:
Harry Charles Managing Director harry.charles@greensill.com www.greensill.com 114 · Australian Securitisation Journal | Issue 19_2021
H
armoney is one of the leading online direct personal lenders operating across Australia and New Zealand, providing customers with unsecured personal loans that are easy to access, competitively priced using risk-adjusted interest rates, and accessed 100% online. Harmoney has originated more than NZ$1.8 billion in personal loans, has served more than 47,000 borrowers in Australia and New Zealand. It has grown its total loan book to NZ$472 million as at 19 November 2020. The company’s proprietary digital lending platform, Stellare, facilitates its personalised loan product with applications processed and loans typically funded within 24 hours of acceptance by the customer. Harmoney has warehouse funding facilities with two of the Australasian big-four banks. The company is headquartered in Auckland, New Zealand. Harmoney established an office in Sydney in 2017 to support its expansion into Australia and currently employs more than 60 full-time employees across its Australian and New Zealand operations.
◆ please contact:
Duncan Gross Group Treasurer +64 222 774 773 duncan@harmoney.co.nz www.harmoney.co.nz
