Harmoney CEO on proprietary tech platform & market opportunity- ASX SMIDcaps Conference

Harmoney Corp Limited (ASX:HMY) CEO & Managing Director David Stevens talked with Proactive at the ASX Small and Mid-Caps Conference about the company’s direct-to-consumer lending model, its technology-driven competitive advantage, and strong financial outlook. Stevens explained that Harmoney operates as a fully online lender across Australia and New Zealand, offering personal loans without branches or intermediaries. This model allows the company to maintain a direct relationship with customers and improve efficiency over time. Loan sizes typically range from $2,000 to $100,000, with customers borrowing for purposes such as home renovations, travel, or vehicle upgrades. A key differentiator is Harmoney’s proprietary technology platform, rebuilt in recent years to enhance scalability and decision-making. Stevens said, “we've been using machine learning, which is a form of AI, for 12 years,” highlighting the company’s long-standing focus on data-driven lending. The integration of AI enables more accurate assessment of customer information and improves approval rates by reducing application errors. Despite ongoing cost-of-living pressures, Harmoney continues to operate within strict responsible lending regulations in both Australia and New Zealand, ensuring customers can service their loans sustainably. From an investor perspective, Stevens pointed to strong financial metrics, including upgraded guidance of $13 million in cash NPAT and a 31% return on equity. With less than 1% market share in a $150 billion market, the company sees significant growth potential. For more videos like this, visit Proactive’s YouTube channel, like this video, subscribe, and enable notifications for future updates. #Harmoney #ASX #Fintech #DigitalLending #AIinFinance #ConsumerFinance #Investing #StockMarket #Wealth #MachineLearning #PersonalLoans #AustraliaStocks #NZBusiness #GrowthStocks #FinancialTechnology