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This report presents the Q3 2024 operational data of NEO Finance, AB (hereinafter – the Company) – sales results and unaudited financial indicators. Key results include:  The Company’s revenue in Q3 of 2024, compared to Q3 of 2023, increased by 26% and reached EUR 1 483 thousand.  The cost of sales rose by 20% from […]

This report presents the H1 2024 operational data of NEO Finance, AB (hereinafter – the Company) – sales results and unaudited financial indicators. Key results include: The Company’s revenue in the first half of 2024, compared to the first half of 2023, increased by 43% and reached EUR 3 017 thousand. Cost of sales rose by […]

Halfway through the second quarter of the year, the NEO Finance team is pleased to share the highlights and initiatives that have been implemented in the last quarter. Webinars Overview of the results of the Paskolų klubas (NEO Finance) Evaldas Remeikis, Head of Administration, presented the results and highlights of the Paskolų klubas (NEO Finance) […]

How do parents around the world take care of their children’s financial future? Starting an independent life comes with a range of financial commitments: higher education, owning a home and other expenses. As a result, some parents seek to make an early contribution to their children’s independent start in life. On the other hand, many […]

NEO Finance, AB sales and interim financial report for 2024 Q1 This report presents the Q1 2024 operational data of NEO Finance, AB (hereinafter – the Company) – sales results and unaudited financial indicators. Key results include:  The Company’s revenue in the first quarter of 2024, compared to the first quarter of 2023, increased by […]

Please find attached annual report for the year 2023 of NEO Finance AB (hereafter – the Company) – audited financial statements, the management report, the statement by the responsible persons and independent auditor’s report.   Loans totaling 44 million euros were issued. Compared to 2022, loan volumes increased by 19 percent. Revenue increased by 31 percent […]

Please find attached interim information for 2023 of NEO Finance AB (hereafter – the Company) – sales results of 2023 Q4 and 2023 interim information. In 2023, NEO Finance, AB demonstrated positive growth in all business segments: Loans granted amounted to 44 061 thousand EUR. Compared to the same period in 2022, the volume of issued loans increased […]

Please find attached interim information for the Q1-Q3 2023 of NEO Finance AB (hereafter – the Company) – sales results and unaudited financial data. In the Q1-Q3 of 2023, NEO Finance, AB demonstrated positive growth in all business segments: • Loans granted amounted to 31 357 thousand EUR. Compared to the same period in 2022, […]

NEO Finance AB 2023 Q1 Interim financial report Please find attached interim information for the Q1 2023 of NEO Finance AB (hereafter – the Company) – sales results and unaudited financial data. In 2023 1st quarter, NEO Finance, AB continued to increase the volume of all business segments. The company’s income increased by 28 percent […]

NEO Finance AB Annual information Please find attached annual report for the year 2022 of NEO Finance AB (hereafter – the Company) – audited financial statements, the management report, the statement by the responsible persons and independent auditor’s report. In 2022, all branches of our businesses grew. Compared to 2021, the amount of loans issued […]

We inform you that the “NEO Finance” privacy policy has been updated. You can get acquainted with the latest version of the document here. 

NEO Finance AB Interim information 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 […]

Please find attached interim information for the Q3 2022 of NEO Finance AB (hereafter – the Company) – sales results and unaudited financial data. The company’s EBITDA for the first nine months of 2022 was EUR 299 785, while in the first nine months of 2021 this figure was 434 813 EUR. The negative change was caused […]

NEO Finance AB, which provides payment initiation service (PIS) under the Neopay brand, has reached a new record by initiating more than €1 billion in payments this year through Neopay even before the end of the third quarter. As an e-payments partner, Neopay will start the last quarter of the year with not just €1 […]

The Paskolų Klubas peer-to-peer lending platform, administered by NEO Finance AB, which began 2022 with a €44 million portfolio of active loans, in mid-year reached the landmark portfolio size of €50 million. The goal is by year-end to have more than €55 million in the portfolio. This P2P lending platform, which was the third to […]

NEO Finance AB Interim information Please find attached interim information for the H1 2022 of NEO Finance AB (hereafter – the Company) – sales results and unaudited financial data. In the first half of 2022, NEO Finance AB continued to increase the volume of issued loans. In the first half of 2022, the platform funded […]

NEO Finance AB Notification on material event The meeting of the Board of Directors of NEO Finance, AB (code 303225546, address A. Vivulskio st. 7, Vilnius, hereinafter – the Company) held on 26 July 2022 made following decisions: 1. Taking into account the request of Paulius Tarbūnas and in accordance with paragraphs 37.3 and 37.5 […]

NEO Finance AB Other information NEO Finance AB was included on the list of companies tracked by the investment research firm Enlight Research at the end of 2021. Today Enlight published its second report on the company. “Still growing fast” is how Enlight characterizes NEO Finance AB in its May 2022 research report, which offers […]

NEO Finance AB Interim information Please find attached interim information for the 2022 Q1 of NEO Finance AB (hereafter – the Company) – sales results and unaudited financial data. In the first quarter of 2022, NEO Finance AB continued to increase the volume of issued loans. In the first quarter of 2022, the platform funded […]

NEO Finance AB Annual information Please find attached annual report for the year 2021 of NEO Finance, AB (hereafter – the Company) – audited financial statements, the management report, the statement by the responsible persons and independent auditor’s report. In 2021, NEO Finance, AB continued to increase the volume of granted loans. In 2021, the […]

NEO Finance AB Interim information In 2021, the sales revenue of NEO Finance AB (hereinafter – the Company) grew 36% and amounted to EUR 3 371 841. The Company’s cost of sales increased 11% in the year to EUR 1 767 260, while general and administrative expenses rose 61% to EUR 1 483 284. Net profit […]

NEO Finance AB Notification on material event The fourth quarter of 2021 was turbulent and intense for the company: the last EUR 400 K bond issue of the EUR 1.1 M of bonds issued in 2018 was redeemed; Paulius Tarbūnas, who previously led the company’s Open Banking Department, was appointed as CEO; Enlight Research published […]

NEO Finance AB Notification on material event NEO Finance, AB (code 303225546, address A. Vivulskio st. 7, Vilnius, hereinafter – the Company) has previously announced that pursuant to Republic of Lithuania Law on Electronic Money and Electronic Money Institutions and Resolution of the Bank of Lithuania No. 03-181 “On The Approval Of The Guidelines For […]

Enlight Research initiate equity research coverage on NEO Finance AB. The report can be downloaded for free on the Enlight Research website or following the link below. In the future, Enlight Research aims to publish two reports per year on NEO Finance AB. “We always aim to provide transparent and comprehensive information to our investors, […]

Asset management company nordIX AG acquires a loan portfolio from NEO Finance for 950K EUR NEO Finance AB Notification on material event After successfully cooperation started between NEO Finance and the German fixed income asset manager nordIX on August, during which nordIX undertook to invest at least 3 million in the loan portfolio formed by […]

The Hamburg based asset management company “nordIX” AG has launched a consumer finance fund in April to invest into consumer loans across Europe. Using Luxembourg based securitization company “Chartered Opus” “NordIX” has committed to invest at least EUR 3 million in the consumer loan portfolio formed by Lithuanian fintech startup “NEO Finance” AB. The Germany-based […]

NEO Finance, AB, is starting to provide customers with an instant payment service (SEPA Instant Credit Transfer). Instant payments will allow to transfer money in a few seconds from an electronic money account opened in NEO Finance to account on another financial institution which either are using instant payments, as well as, to accept them […]

The rapidly expanding alternative financing market has been supplemented by a new participant – FinoMark, UAB, legal entity code – 305538582, registered office address Ulonų st. 5, LT-08240 Vilnius, (hereinafter referred to as FinoMark), 100% of the shares of which belong to NEO Finance, AB. FinoMark has been included in the Public List of Crowdfunding Platform […]