Tag Archives: e-money institution licence

Get 25 EURO bonus for your first investment on NEO Finance platform

The peer-to-peer lending platform NEO Finance offers now a free 25 euro bonus on complete registration. To receive it, you must REGISTER and comply with the terms and conditions. After complete registration, the bonus will be found in your account and you will be able to use it to make your first investment.

About NEO Finance

NEO Finance offer investors the possibility to invest in the loans of Lithuanian consumer credit receivers.

Operating since 2015, the platform has been offering its investors solid returns of 12-18% and is the first P2P platform in the country to have reached constant EUR 1.5 M+ monthly issues.

NEO Finance itself is a loan originator. This allows investors to invest directly in the initial loan, and not via the marketplace where they are offered to refinance an already-issued loan. As a result, the investors have more control over their investment. They can see all relevant information on the borrowers: occupation, income, amount being borrowed, preferred interest rate, etc., and, therefore, make an informed decision of where to invest.

Unlimited e-money institution licence and Supervised by the Lithuanian FRA, the Bank of Lithuania

NEO Finance is the first and, so far, the only Lithuanian P2P platform operator to hold the unlimited e-money institution licence which allows operations in entire European Union. This ensures constant company’s supervision by the Bank of Lithuania. The supervision obliges NEO Finance to present the Bank of Lithuania with audited financial and statistical reports on a yearly and quarterly basis, respectively. NEO finance is also mandatorily audited by an external auditor at least two times per year.

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