2021 Q3 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 2021 Q3, “NEO Finance” granted consumer loans for 7.7 M EUR and compared to 2020 Q3, the amount grew by 64%.
The intermediary fee is the largest source of income in P2P lending activities. 2021 Q3 intermediary fee receivable for newly granted consumer loans amounted to 777 K EUR. This income will be received throughout the loan period. Compared to 2020 Q3 achieved 70% growth.
The volume of payment initiation services grew even faster – in 2021 Q3, the customers of the company performed 3.99 M transactions. Compared to 2020 Q3, when only 1.64 M transactions were performed. Transaction volume increased by as much as 144%.
„FinoMark“, UAB, in 2021 Q3 issued business loans for 181 K EUR.
Please find more information in the attached report.