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NEO Finance
Name: NEO Finance, AB
Core business: mutual lending and investment, payment initiation services
Date of registration: 21 January 2014
Auditor: Grant Thornton Baltic UAB
Date of equity listing (First North): 5 August 2019
Certified adviser: Advokatų kontora Sorainen ir partneriai
Market: Nasdaq Vilnius First North
Management Board
Evaldas Remeikis (Chairman), Marius Navickas, Deividas Tumas, Aiva Remeikienė
Background information
NEO Finance administers peer-to-peer (P2P) lending platform Paskolu klubas (eng. Loan Club), where people can lend to each other. In foreign markets, the company operates under the name of NEO Finance, and offers the citizens of the EU and EEC investing in Lithuanian consumer credits. All company activities are enabled by the Electronic Money Institution (EMI) licence, which allows operations of P2P lending, as well as consumer credit markets, in entire European Union. NEO Finance is supervised by the Bank of Lithuania, which means that the company is obliged to perform external audit at least once per year, as well as submit necessary report periodically.
The platform is currently the largest in Lithuania. During July 2019, credit receivers have borrowed over EUR 1.7 M.
NEO Finance also provides an e-settlement, or payment initiation, service (PIS) for e-shops, under the name of Neopay. Currently, the company administers settlements in the following e-shops: Tiketa, Edrauda, utilities' platforms Manogilė.lt, Vienasaskaita.lt, among others. Currently, this is the fastest-growing activity of the company.
More information on NEO Finance: www.neofinance.com.
More information on payment initiation service: https://neopay.lt/ (currently, only in Lithuanian).
Contact Details
Address: Vivulskio str. 7, Vilnius, Lietuva
Telephone: 870080075
E-mail: info@paskoluklubas.lt
Website: https://www.paskoluklubas.lt/, https://www.neofinance.com/
Contact person: Darius Borisas (Marketing and Communication Manager), darius.borisas@neofinance.lt