NEO Finance

Name

NEO Finance

Legal name

NEO Finance, AB

Website

https://neofinance.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Peer-to-Peer Consumer Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Loan Brokers (6163)

akta.pro primary industry

Debt Capital Raising Intermediation (Private Debt/Mezzanine/Bonds) (FSAEALAM)

Keywords

• Peer-to-peer lending
• Consumer loans
• P2P investing
• Personal loans
• Credit marketplace

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Intermediation Fee (Tarpininkavimo mokestis): Fee charged to borrowers for platform services, calculated as percentage of loan amount. Includes contract formation fee (SSM) covering identity verification, data collection, creditworthiness assessment, and administration fee (AM) for ongoing contract administration. Rates range from 4.9% to 15% depending on loan characteristics.
2. Platform Usage Fee: Monthly platform usage fee of 1 EUR per month for active investors, introduced from April 2025.
3. Secondary Market Fee: 1% intermediation fee on buying/selling investments on the secondary market.
4. Short-term Loan Fee: 1% intermediation fee on each received payment for short-term loans (100-300 EUR / 1-3 months).
5. Payment Date Change Fee: 9.00 EUR fee for changing loan payment date (available once per year).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

NEO Finance operates the Paskolų klubas peer-to-peer lending marketplace, connecting Lithuanian consumer borrowers (loans €100 to €35,000, terms 1-120 months) with private individual and corporate investors who fund those loans in exchange for interest income. The company earns intermediation fees on loan originations, platform usage fees, and secondary market transaction fees, while credit decisions are powered by an AI/ML-based scoring engine.

Product overview

NEO Finance operates the Paskolų klubas (Loan Club) peer-to-peer lending platform - Lithuania's largest P2P platform by loan portfolio. The platform facilitates consumer lending between borrowers and private investors, offering loan amounts from €100 to €35,000 with repayment terms from 1-120 months at interest rates starting from 5%. The core platform connects borrowers seeking various loan types (consumer loans, car loans, home renovation, business loans, student loans, motorcycle loans, dental loans, garage renovation, co-borrower loans, business certificate loans, pensioner loans) with individual investors. On the investor side, the platform provides investment tools including manual and automatic investing, a secondary market for buying/selling loan investments, VIP investor programs, child investment accounts, and corporate investing options. The company holds an unlimited electronic money institution license from the Bank of Lithuania and is listed on NASDAQ. Creditworthiness is assessed using AI-based scoring evaluating over 30 criteria to generate ratings from A+ to E.

Differentiator

Problem solved

Functional benefit

Products and services

• Paskolų klubas Consumer Loan Marketplace Core peer-to-peer lending marketplace connecting Lithuanian consumer borrowers with private investors; offers loans from €100 to €35,000 with terms of 1-120 months and interest rates starting from 5%.
• Vartojamoji paskola (Consumer Loan) General-purpose unsecured consumer loans up to €35,000 with flexible terms from 1-120 months for personal needs of Lithuanian residents.
• Paskola automobiliui (Car Loan) Loans for vehicle purchases (new and used) with flexible terms and no collateral required.
• Paskola būsto remontui (Home Renovation Loan) Loans for housing renovation and improvement projects up to €35,000 for Lithuanian homeowners.
• Paskola verslui (Business Loan) Unsecured loans for business purposes to support entrepreneurs and business decisions.
• Paskola su bendraskoliu (Co-Borrower Loan) Loans allowing two individuals to apply together as co-borrowers for potentially better terms.
• Paskola studijoms (Student Loan) Loans for educational purposes to support studies and academic pursuits.
• Paskola motociklui (Motorcycle Loan) Financing solution for motorcycle purchases, both new and used, with flexible terms and no down payment required.
• Paskola dantų gydymui (Dental Treatment Loan) Loans for dental procedures and healthcare treatments up to €35,000.
• Paskola garažo įsirengimui (Garage Renovation Loan) Loans for garage or storage space renovation and fitting, up to €35,000.
• Refinansavimas (Refinancing) Loan refinancing service allowing borrowers to replace existing loans with new ones under potentially better terms, including consolidated monthly payments.
• Trumpalaikė paskola (Short-Term Loan) Short-term consumer credits typically for smaller amounts and periods up to 24 months, with fast approval and a 1% intermediation fee per received payment.
• Mini paskola internetu (Mini Online Loan) Small short-term consumer loans up to €5,000 for minor urgent financial needs, applied for online.
• Ilgalaikės paskolos be užstato (Long-Term Unsecured Loans) Long-term unsecured loans up to €35,000 with repayment terms up to 10 years for larger financial needs.
• Kreditas internetu (Online Credit) Full-featured online credit service available 24/7 for loan applications, from €100 to €35,000.
• Greitas kreditas (Fast Credit) Quick credit with rapid application evaluation, some decisions within 15 minutes, amounts from €100 to €35,000.
• Paskola pensininkui (Pensioner Loan) Loans specifically designed for pensioners and retirees receiving regular pension income.
• Paskolos be banko (Loans Without Banks) Alternative lending solutions provided by non-bank credit companies and the P2P platform for consumers seeking to avoid traditional banks.
• Asmeninė paskola (Personal Loan) Flexible personal loans with no specified use restriction, for various personal financial needs.
• Paskola su verslo liudijimu (Business Certificate Loan) Loans for individuals operating under business certificates (verslo liudijimas) for independent activities.
• Investavimas (P2P Investing) P2P investment platform allowing investors to fund consumer loans and earn interest returns. Minimum €20 per loan for A, B, C, C- ratings; €50 for A+ ratings.
• Automatinis investavimas (Automatic Investing) Auto-investment feature allowing investors to set criteria (max amount, term, credit ratings, minimum interest) for automatic loan funding.
• Antrinė rinka (Secondary Market) Platform where investors can buy and sell existing loan investments to other investors, with 1% brokerage fee, providing pre-maturity liquidity.
• Užtikrinimo fondas ir Buyback (Guarantee Fund and Buyback)
• VIP KLUBAS (VIP Investor Club) VIP investor program with preferential terms including higher sale coefficients for delayed loans.
• Vaiko ateities investicija (Child's Future Investment) Investment account for minors (under 18) managed by parents or guardians, allowing early wealth building through the P2P platform.
• Investavimas juridiniams asmenims (Corporate Investing) Business entity investment option allowing companies to invest through the P2P platform.
• Įmokų draudimas (Payment Insurance) Optional loan payment insurance covering up to 12 monthly payments (max €500/month) for events such as illness, job loss, or death.
• Elektroninių pinigų sąskaita (E-Money Account) Required electronic money account for all platform users to facilitate loan disbursements and repayments; opening and maintenance is free.

Quantifiable outcome

• 27,078+ successful borrowers served
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Nasdaq Stock MarketcoreStrategic or Co-development Partner · 24 November 2025NEO Finance was selected as one of six Baltic companies recognized for transparency and good investor relations to participate in ringing the Nasdaq Stock Market Closing Bell at Nasdaq MarketSite in Times Square, New York. This recognition signifies the company's standing in Baltic investor relations quality and ongoing progress in corporate transparency standards.
• Grifrėja, UABminorChannel Partner/ Reseller/ DistributorListed as consumer credit intermediary (vartojimo kreditų tarpininkas) in the official intermediary list. Located at Partizanų g. 14, R7, LT-50211 Kaunas, phone +370 671 77053.
• Altero LT, UABminorChannel Partner/ Reseller/ DistributorListed as consumer credit intermediary (vartojimo kreditų tarpininkas) in the official intermediary list. Located at Konstitucijos pr. 7, LT-09308 Vilnius, phone +37068033033.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Mintos: Latvia-headquartered P2P lending marketplace operating across multiple European countries with diversified loan products and a similar two-sided borrower-investor model. Closest geographic and business-model peer to NEO Finance.
• Bondora: Estonian P2P consumer lending platform with similar AI-driven credit scoring, consumer loan products, and cross-border investor base. Operates in adjacent Baltic/Nordic region with comparable regulatory profile.
• LendingClub: US-listed P2P consumer lending pioneer offering unsecured personal loans via a marketplace model. Closest publicly traded pure-play comparison for NEO Finance's two-sided lending marketplace mechanics.
• Zopa: UK-based digital consumer lending platform that originated as a P2P lender and evolved into a fully chartered bank. Comparable in offering unsecured personal loans with automated credit decisioning.
• Funding Circle: UK-listed P2P/SME lending platform. Comparable as a publicly traded marketplace lender with platform-fee revenue model, though focused on small business rather than consumer loans.
• Prosper Marketplace: US P2P consumer lending marketplace connecting borrowers with individual investors using a credit-grade based pricing model similar to NEO Finance's A+ to E rating structure.
• PeerBerry: European P2P lending platform offering consumer and business loans from multiple originators with buyback guarantees. Operates a similar marketplace model with cross-border investor participation.

Regional players

• Twino: Latvia-based P2P lending platform offering consumer loans across multiple European markets. Regional peer with overlapping Baltic roots and similar investor base targeting European retail investors.

Broad incumbents

• Klarna: Swedish BNPL/consumer credit giant offering installment lending at scale with strong brand. Adjacent competitor for consumer credit demand though focused on point-of-sale rather than personal loans.
• OakNorth Bank: UK-chartered bank with P2P lending heritage now operating as a full commercial bank. Comparable evolution path that NEO Finance could potentially follow, leveraging its e-money institution license.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCTwgp0VxkSwCEaTi-cTke4A
• Facebookfacebook.com/NEOFinance
• LinkedInlinkedin.com/company/neofinance
• TikToktiktok.com/@paskoluklubas

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NEO Finance