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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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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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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Jose Vanderveken
ES

Keep on going the good thing Until today only positive experience with the NeoFinance possibility to invest. Also good client help at the client helpdesk when answers were needed. Keep on going folks the way you are offering people the possibility to let their (invested)money work for them.

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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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Aleksas Sinkevicius
GB

I would not recommend I would not recommend. It looked promising at the begining, but the way they implement new fees is pushing away new investors. It's absolute true about bad loans and a bit shady activity behind the scene - you will notice that when you start investing - at most cases you'll get only bare details about your customer/applicant which is quite difficult to rely on for investor, and that was one of the biggest factors moved me away from Neo.

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