Neo Finance

Largest P2P lending platform in Lithuania, operating under the name of Paskolų klubas

NEO Finance is the largest P2P lending platform in Lithuania, operating under the name of Paskolų klubas. We offer our investors possibility to invest in the loans of Lithuanian consumer credit receivers. Operating since 2015, the platform has been offering its investors solid returns of 12-18% and is the first P2P platform in the country to have reached constant EUR 1 M+ monthly issues. NEO Finance is supervised by the Bank of Lithuania and is the only P2P lending platform in Lithuania holding an electronic money institution licence issued by the Bank of Lithuania for a non-limited activity in the European Union. Our main asset is the IT platform which we have built and are continuously developing inhouse. Therefore, we can assure total confidentiality, safety, convenience and speed for our investors. In 2016, the platform was recognised by external experts, as NEO Finance won an award as the most technologically advanced Lithuanian SME at Technopelnas, a competition of technology companies organised by the major Lithuanian business magazine. Furthermore, we offer services of Buyback of delinquent loans, Provision fund to protect the investments, and Automatic investment function.

Investment Personal loan

About Neo Finance

NEO Finance, AB Verkių g. 25C-1, LT-08223 Vilnius Lithuania
Contact Email: info@neofinance.com
Phone Number: +37068700300

Neo Finance on WEB

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7.9
57 Platform credit risk rating
2.25 / 2.25
1.25 / 1.25
0 / 2
1.375 / 1.50
3 / 3
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PLATFORM DATA
Max Interest Rate
32%
Min Interest Rate
9%
Max Investment
999999$
Min Investment
5$
Max Loan Terms
60 months
Min Loan Terms
90 days
Loan Types
Investment Personal loan
Currencies
EUR
Origin of Platform
Secondary market
Yes
Secured on Assets
No
BuyBack Guarantee
Yes
Platform Membership
Lithuanian National Bank
Launch Date
2015-01-01
Countries to Invest
Only for EU residents
Exclude restricted area
Not Available
Withdrawal time
5 business days
Target Borrowers
Individuals (P2Ps)
Average Interest Rate
17.47%
Uniform rate
No
Automated Lending
Yes
Lending Fees
None
Withdrawal fees
No
API
No
Accepted Payments
Bank Transfer SEPA
Lending Model
Market
Platform Lending Type
Individual Retail Company
Status
Operating
Time between application and obtaining money
Not Available business days
Min borrower loan
0$
Max borrower loan
0$
Countries for borrowing
Not Available
Borrowing fees
Application fee
Bonus
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