Paskolų Klubas (NEO Finance)

A. Vivulskio str. 7, 03162, Vilnius, Lithuania
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4.40
Based on 20 Reviews

5

60.00%

4

30.00%

3

5.00%

2

0.00%

1

5.00%
About Paskolų Klubas (NEO Finance)

NEO Finance is one of the leading P2P lending platforms in Lithuania. The platform is an intermediary for consumer loans that connects lenders directly with borrowers with the intention that lenders can earn higher returns. Offering international investors possibility to invest in the loans of Lithuanian consumer credit receivers. Operating since 2015, the platform has been offering its investors solid returns of 10-14% and is the first P2P platform in the country to have reached constant EUR 2M+ monthly issues.

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RSt
FR

Been using the service for almost 4… Been using the service for almost 4 years with great results and no major issues. Probably the most trustworthy company in the industry in Lithuania. Sometimes their algorithm that distributes money gets stuck for a few hours or so, but not a major issue. Instant transfers via SEPA between them and any banks is a major plus. Recommended.

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Rytis Kumpa
GB

While the criteria for issuing loans… While the criteria for issuing loans could be made stricter, the overall performance is good. I like the serious attitude towards client's money and the fact that they take steps to minimize the platform's risk (I.e. they separate client's money from their own bank accounts).

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Romuald
LT

Good idea, but big room to improve Idea is good, but not simple enough. System requires massive checkboxes and confirmations on every loan. Sms codes are extremely annoying making manual investments on many loans nearly impossible at reasonable time. I have tried many similar platforms and guys, you have solid room to improve. Due to this complexity and time consumption you are not my primary platform even if i like it conceptually. Romuald

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Peter
LT

Best p2p platform Best p2p platform! The biggest advange is that Neofinance is the most transparent p2p platform which is regulated by Bank of Lithuania.

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Marius
LT

Great, but need to impove some points Notification system about movements in account or auto investment options is limited. The investment protection option too expensive, as they collect more than required, so able to re-invest this money in other loans to increase their profit instead of reducing protection costs for users, which looks not fair. No info about how much protection fund already collected.

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