Quick facts about NEO Finance AB
2014
NEO Finance AB was established and started development.
2015
NEO Finance AB becomes an accredited consumer credit provider and launches the P2P lending platform Paskolų Klubas.
2016
NEO Finance AB is the first to be included in the Bank of Lithuania’s list of approved P2P platforms.
2017
NEO Finance AB obtains an unlimited e-money institution license enabling services to all EU citizens.
2018
NEO Finance AB becomes the first Lithuanian capital company to start providing a payment initiation service (PIS) under the Neopay brand.
2019
NEO Finance AB is listed on Nasdaq First North, raising EUR 690k on the IPO.
2020
Instant payment service (SEPA Instant Credit Transfer) was launched for NEO Finance AB customers.
2021
NEO Finance AB acquired the crowdfunding platform FinoMark.
2022
Institutional investor nordIX expands loans portfolio to EUR ~10m.
2023
For Finomark the Bank of Lithuania issued a crowdfunding service provider licence in accordance with the SFR Regulation.
In 2023, the average number of employees was 40.
In 2023, NEO Finance’s revenue totaled EUR 4 625 193, and EBITDA was EUR 718 538.