Harmoney Corp Limited, Australasia’s largest and fastest growing peer to peer lending marketplace, announced that two of the world’s leading P2P experts Jon Barlow, Founder of Eaglewood Capital Management and Phin Upham, Principal at Thiel Capital, have joined its Advisory Board.
Harmoney Founder and Joint CEO, Neil Roberts says the company is delighted to have the caliber of Jon Barlow and Phin Upham join the Advisory Board, as well as becoming Harmoney shareholders.
“We are thrilled to welcome Jon and Phin to the Harmoney Advisory Board, and look forward to their contributions which will be invaluable in helping Harmoney build on its impressive first year achievements.”
Mr. Barlow brings capital markets expertise to Harmoney. In 2013 while at Eaglewood, Jon Barlow completed the industry’s first ever securitisation of peer to peer loans. Securitisation is often viewed as a crucial industry development as it enables a wider array of institutional investors to purchase P2P loans.
“New Zealand/Australia has the potential to be one of the most profitable P2P markets in the world, and Harmoney has established itself as the leader in that market,” said Jon Barlow.
Mr. Upham’s expertise in technology and innovation will be particularly helpful as Harmoney focuses on making greater use of emerging technology, especially in mobile.
“Jon and Phin will extend Harmoney’s access to large capital pools enabling Harmoney to pursue ambitious growth targets and service the strong and growing demand for higher investment returns and risk-priced borrowing,” said Neil Roberts.
Mr. Barlow and Mr. Upham join existing Advisory Board members Brian Barefoot, Etienne Boillot, Scott Bommer, Charles Moldow andJames Punnett, who represent a cross-section of global marketplace lending expertise.