Despite ongoing COVID-19 pandemic and quarantine announced in November 2020, the Q1 2021 for the company gave exceptionally high results – the records of the amount of issued loans and payment initiation transactions during the quarter were achieved.
In Q1 2021, “NEO Finance” granted consumer loans for 5.73 M EUR and compared to Q1 2020, the amount grew by 17%.
The volume of payment initiation services grew even faster – in Q1 2021, the customers of the company performed 3.48 M transactions. Compared to Q1 2020, when only 1.24 M transactions were performed. Transaction volume increased by as much as 180%.
Please find more information in the attached report.