NEO Finance AB
Please find attached company performance information of the Q4 2022 of NEO Finance AB (hereafter – the Company) – sales results.
In the last quarter of 2022 all businesses grew in volume terms. Compared to the same quarter in 2021, the amount of loans issued through the Paskolų Klubas platform grew by 54%, with EUR 10.6 million of loans funded. As in the previous quarter, the growth engine of Paskolų Klubas remains the well-targeted marketing campaigns and the attractive pricing for borrowers provided by the platform’s retail and institutional investors.
The number of Neopay transactions reached 6 358 thousand units in Q4 2022, surpassing the same quarter in 2021 by 32.5%. Neopay also set another record by ending the year with more than EUR 1.423 billion in payments collected in 2022. In response to customer demand, the company actively began developing two new products: buying on instalment and buying without mark-up (“Buy now, pay later”). More details about these products and their launch will be provided in the first quarter of this year.
The amount of loans issued through FinoMark to SMEs last quarter increased by 3.8 times, with a total of EUR 956 thousand in loans issued. In the near future, FinoMark will enter a new phase where we will be able to provide with new opportunities for borrowers and even more sustainable and secure projects for investors.
The full interim report of NEO Finance AB (legal entity code: 303225546; registered address: Vivulskio g. 7, Vilnius, Lithuania) for the Q4 of 2022, with confirmation by the responsible persons, are available for review in the attached document.