NEO Finance

NEO Finance runs a direct marketplace lending platform, which means it operates the "traditional" or "pure" P2P lending model and serves as an online space where borrowers can apply for loans and investors can fund projects. NEO Finance is operated by NEO Finance, AB, based in Lithuania. It's received a payment license and a crowdfunding license from the Bank of Lithuania.

NEO Finance enables you to provide funding to individuals by investing in personal loans. You can also apply for funding if you are an individual seeking financing.

At NEO Finance, you can invest in projects denominated in EUR starting from €20. You can also set up an auto-invest feature and buy and sell loans on a secondary market.

NEO Finance separates investors’ funds from the platform company assets and has a wind-down plan in place to ensure minimal damage in case the platform goes out of business. It discloses statistics about its funded loans on a dedicated public page and shares its monthly funding volumes with P2PMarketData.

NEO Finance was founded in 2014 by Evaldas Remeikis. Evaldas has over 20 years of experience. His professional background is mainly in entrepreneurship, and technology. Evaldas has been, for instance, a CEO at ERA Capital — a private equity firm, and a Chairman of the board at UCS BALTIC — a management and accounting systems provider. He holds a Bachelor's degree from Kaunas University of Technology.