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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Jurgis
LT

In general In general, everything works fine, exept some non critical mistakes noticed in debt offers for the financing. The work with old debts due, could be more effective.

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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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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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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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Vytautas
LT

Goof platform for p2p investment with… Goof platform for p2p investment with nice UI which is good enough for profiles till 200 loans or so. Missing less fancy but more simple UI for advanced users that have more than 1000 of loans

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