NEO Finance is one of the leading P2P lending platforms in Lithuania. The platform is an intermediary for consumer loans that connects lenders directly with borrowers with the intention that lenders can earn higher returns. Offering international investors the possibility to invest in the loans of Lithuanian consumer credit receivers.
Neo Finance is the first Lithuanian P2P platform operator to hold the unlimited EMI licence, which allows operations in the entire European Union. This ensures the safety of clients’ money, as it is kept in an account separate from that of the company. In addition, the company is constantly supervised by the Bank of Lithuania.
When agreements with borrowers are terminated, investors can sell their investments for 50-80% of their face value to NEO Finance. Also, a unique service of Provision Fund allows investors to reduce their investment risk: if a loan defaults, NEO Finance guarantees to repay investors with all the company assets as collateral.
All debts are handled by a single firm, which has been a long-term partner of NEO Finance. The company has 8+ years of experience in delinquent loans recovery, which ensures speed and quality of the service: 65% of debts have been collected within two years.
Citizens of the European Union with a valid personal document (passport or ID card) or valid mobile signature can invest.
Neofinance offers to invest in various crowdfunding opportunities from the SME sector.
At Neofinance, you can start investing with 10€.
The investment models Neofinance operates is P2P lending.