NEO Finance AB
Notification on material event
In 2019 Q3 the company considerably increased the volume of loans issued, reaching EUR 5.12 M and, compared to 2018 Q3 grew by 30%. During the first 9 months of 2019, volume of loans issued totalled to EUR 14,16 M. This is a 40% increase compared to first 9 months of 2018.
Payment initiation service (PIS) continued to grow. In 2019 Q3, the company performed over 868 K transactions, compared to 132 K transactions in 2018 Q3. Transaction volume grew almost 6 times.
You can find more information in the attached report.
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