{"id":6531,"date":"2020-05-26T11:46:06","date_gmt":"2020-05-26T08:46:06","guid":{"rendered":"https:\/\/finanpa.com\/neo-finance-com\/"},"modified":"2020-07-06T06:14:13","modified_gmt":"2020-07-06T03:14:13","slug":"neo-finance-review","status":"publish","type":"post","link":"https:\/\/finanpa.com\/en\/neo-finance-review\/","title":{"rendered":"NEO Finance"},"content":{"rendered":"    \t\t\t\t\t<div class=\"rate_bar_wrap\">\n\t\t\t<div class=\"review-top\">\t\t\t\t\t\t\t\t\n\t\t\t\t<div class=\"overall-score\">\n\t\t\t\t\t<span class=\"overall r_score_8\">7.8<\/span>\n\t\t\t\t\t<span class=\"overall-text\">Total Score<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t<\/div>\t\t\t\t\n\t\t\t\t<div class=\"review-text\">\n\t\t\t\t\t<span class=\"review-header\">NEO Finance<\/span>\n\t\t\t\t\t<p>\n\t\t\t\t\t\tNEO Finance is a peer-to-peer lending platform where you can invest from 10 Euros and expect an average interest rate of 12%. The average loan taken by NEO Finance borrowers is 2,757 Euros, and the average loan duration is 50 months. The company is the only one in Lithuania that has an EMI license, which protects the invested assets and guarantees that they will be returned. NEO Finance activities are also regulated by the Bank of Lithuania. The company does not make empty promises of a 100% refund guarantee and provides all information about the terms on the website.\r\n\r\nPerhaps the biggest disadvantage for investors is that customers from countries other than Lithuania have additional fees and this may discourage them from choosing this platform. Customers also complain about an inconvenient system, unnecessary form filling and so on.\r\n\r\nNEO Finance can be a perfect choise for those who like to diversify investments across different platforms or for people who are residents of Lithuania.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"review-criteria\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"rate-bar clearfix\" data-percent=\"80%\">\n\t\t\t\t\t\t\t\t<div class=\"rate-bar-title\"><span>Naudojimasis svetaine<\/span><\/div>\n\t\t\t\t\t\t\t\t<div class=\"rate-bar-bar r_score_8\"><\/div>\n\t\t\t\t\t\t\t\t<div class=\"rate-bar-percent\">8<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"rate-bar clearfix\" data-percent=\"70%\">\n\t\t\t\t\t\t\t\t<div class=\"rate-bar-title\"><span>Paslaug\u0173 kokyb\u0117 <\/span><\/div>\n\t\t\t\t\t\t\t\t<div class=\"rate-bar-bar r_score_7\"><\/div>\n\t\t\t\t\t\t\t\t<div class=\"rate-bar-percent\">7<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"rate-bar clearfix\" data-percent=\"70%\">\n\t\t\t\t\t\t\t\t<div class=\"rate-bar-title\"><span>Klient\u0173 aptarnavimas<\/span><\/div>\n\t\t\t\t\t\t\t\t<div class=\"rate-bar-bar r_score_7\"><\/div>\n\t\t\t\t\t\t\t\t<div class=\"rate-bar-percent\">7<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t \n\t\t\t\t\t\t<!-- PROS CONS BLOCK-->\n\t\t\t<div class=&quot;pros_cons_values_in_rev flowhidden&quot;>\n\t\t\t\t\t\t<div class=\"wpsm-one-half wpsm-column-first\">\n\t\t\t\t<div class=\"wpsm_pros padd20\">\n\t\t\t\t\t<div class=\"title_pros\">PROS<\/div>\n\t\t\t\t\t<ul>\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t<li>The platform is licensed by EMI;\r<\/li><li>You can invest from 10 Euros;\r<\/li><li>Automatic investment feature;\r<\/li><li>Interest rates up to 12%.<\/li>\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"wpsm-one-half wpsm-column-last\">\n\t\t\t\t<div class=\"wpsm_cons padd20\">\n\t\t\t\t\t<div class=\"title_cons\">CONS<\/div>\n\t\t\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t\t\t\t<li>It is not always convenient to use the system\r<\/li><li>Additional fees for investors who are not from Lithuania<\/li>\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\t\n\t\t\t<!-- PROS CONS BLOCK END-->\t\n\n\t\t\t\t\t\t\t<a href=\"#respond\" class=\"rehub_scroll add_user_review_link\">Add your review<\/a> <span class=\"add_user_review_link\"> &nbsp;|&nbsp; <\/span><a href=\"#comments\" class=\"rehub_scroll add_user_review_link\">Read reviews and comments<\/a>\t\t\t\n\t\t<\/div>\n\t\n\n \r\n <div class=\"rehub_bordered_block rh_listofferitem rh_list_mbl_im_left \">\r\n    <div class=\"rh-flex-center-align rh-flex-justify-center mobileblockdisplay\">\r\n            <div class=\"rh_listcolumn rh_listcolumn_image text-center\">\r\n            <a href=\"https:\/\/finanpa.com\/ziureti\/neo-finance-2\/\" target=\"_blank\" rel=\"nofollow sponsored\" class=\"re_track_btn\">\r\n                                    <img decoding=\"async\" class=\"nolazyftheme\" src=\"https:\/\/finanpa.com\/wp-content\/uploads\/thumbs_dir\/neofinance-qw39f1xaemn2zuvt8fyzicyqmxvyyw5mwdv01y6cwo.png\" width=\"90\" height=\"90\" alt=\"NEO Finance\" \/>                            <\/a>\r\n            <\/div>\r\n        <div class=\"rh_listcolumn rh-flex-grow1 rh_listcolumn_text\">\r\n            <div class=\"font120 fontbold rehub-main-font lineheight20\"><\/div>\r\n            <div class=\"mt10 greycolor font90 lineheight20\"><\/div>\r\n        <\/div>\r\n        <div class=\"rh_listcolumn rh_listcolumn_price text-center\">\r\n            <span class=\"rh_price_wrapper\"><span class=\"price_count rehub-main-color fontbold\"><ins><\/ins><\/span><\/span>\r\n            <div class=\"brand_logo_small\">              \r\n                                 \r\n            <\/div>\r\n        <\/div>\r\n        <div class=\"text-right-align rh_listcolumn_btn\">\r\n            <div class=\"priced_block clearfix\">\r\n                <div>\r\n                    <a href=\"https:\/\/finanpa.com\/ziureti\/neo-finance-2\/\" class=\"re_track_btn btn_offer_block\" target=\"_blank\" rel=\"nofollow sponsored\">\r\n                                                    SEE IT                                            <\/a>\r\n                <\/div>\r\n                                                          \r\n                        <\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\r\n \r\n \n<p><\/p>\n<p><a href=\"https:\/\/finanpa.com\/ziureti\/neofinance-com-en\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-nojs=\"true\"><strong>Neofinance.com<\/strong><\/a> is a peer-to-peer lending platform that was founded in 2015 in Lithuania and has its own branch in the Netherlands. It connects people who are looking for investment opportunities with people who need a loan. <strong>Consumer loans here are issued for up to 15,000 Euros with interest rates from 6% and an average return to investors is up to 12%.<\/strong> On this platform you can invest from 10 Euros. The average NEO Finance loan is 2,757 Euros with the average loan duration of 50 months.<\/p>\n<p>NEO Finance does not charge any fees to investors, except for a 1% commission on loans that are traded on secondary markets. There is also a fee of 0.29 Euros for each withdrawal from the platform to a bank account.<\/p>\n<h2>How does it work?<\/h2>\n<ul>\n<li><a href=\"https:\/\/finanpa.com\/ziureti\/sign-up\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-nojs=\"true\">Sign up<\/a> for an investor account.<\/li>\n<li>Do a personal identification.<\/li>\n<li>Open an electronic NEO Finance money account.<\/li>\n<li>Transfer money to this account.<\/li>\n<li><strong>You can choose from 2 investment methods.<\/strong> The first is manual: select the loan you want to invest in and transfer the desired amount of money. On the platform you will find all the information about the borrower: income, financial obligations, credit rating, place of work, previous debts, etc. The second method is automatic: set the maximum amount you want to invest in the loan, indicate the criteria for borrowers you want to provide loans to, the value of the credit and the amount of interest you expect. The NEO Finance system will automatically select borrowers and open up the best investment opportunities.<\/li>\n<\/ul>\n<h2>Who can invest and what are the requirements?<\/h2>\n<p><strong>Anyone over the age of 18<\/strong> can invest in the NEO Finance platform. All they have to do is sign up, verify the account and choose the loans they want to invest in. If people under the age of 18 want to register on the platform, they have to come to an office in Vilnius with one parent or a person representing him or her and submit all the documents required by the rules of NEO Finance.<\/p>\n<h2>Types of investments<\/h2>\n<ul>\n<li>Development loans;<\/li>\n<li>Personal loans;<\/li>\n<li>Car loans;<\/li>\n<li>Refinancing;<\/li>\n<li>Home repair loans;<\/li>\n<\/ul>\n<h2>Risk and reward<\/h2>\n<p><strong>The average interest rate on the NEO Finance platform is 12%.<\/strong> NEO Finance is the only peer-to-peer lending platform in Lithuania that <strong>has an unlimited EMI (Electronic Money Institution) license<\/strong> that allows it to operate throughout the European Union.\u00a0 The license provides protection for investors\u2019 funds, because they are kept in a separate account from the company, so in the event of bankruptcy the money will be refunded. The company is also supervised by the Bank of Lithuania, which operates in accordance with the laws of the Republic of Lithuania. In<strong>\u00a0the event of cancellation of the agreement with the debtor, investors may sell their investment to NEO Finance themselves for 50-80% of its nominal value. <\/strong><\/p>\n<h2>Website<\/h2>\n<p><a href=\"https:\/\/finanpa.com\/ziureti\/neo-finance-home\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-6041 size-full\" title=\"NEO Finance Reviews\" src=\"https:\/\/finanpa.com\/wp-content\/uploads\/2020\/05\/Neo-Finance-atsiliepimai.jpg\" alt=\"NEO Finance Reviews\" width=\"787\" height=\"374\" srcset=\"https:\/\/finanpa.com\/wp-content\/uploads\/2020\/05\/Neo-Finance-atsiliepimai.jpg 787w, https:\/\/finanpa.com\/wp-content\/uploads\/2020\/05\/Neo-Finance-atsiliepimai-300x143.jpg 300w, https:\/\/finanpa.com\/wp-content\/uploads\/2020\/05\/Neo-Finance-atsiliepimai-1024x487.jpg 1024w, https:\/\/finanpa.com\/wp-content\/uploads\/2020\/05\/Neo-Finance-atsiliepimai-766x364.jpg 766w, https:\/\/finanpa.com\/wp-content\/uploads\/2020\/05\/Neo-Finance-atsiliepimai-1536x730.jpg 1536w, https:\/\/finanpa.com\/wp-content\/uploads\/2020\/05\/Neo-Finance-atsiliepimai-2048x973.jpg 2048w, https:\/\/finanpa.com\/wp-content\/uploads\/2020\/05\/Neo-Finance-atsiliepimai-788x374.jpg 788w\" sizes=\"(max-width: 787px) 100vw, 787px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/finanpa.com\/ziureti\/neo-finance-home\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-nojs=\"true\">The home page of the website<\/a> is a bit different than usual for this type of platform. The information begins with statistics, a video in which the company\u2019s shareholder talks about the services. After that follows a list of loans that you can invest in and information about the benefits of this platform. Even though the design itself is clean and clear, there is an interesting solution to keep the menu on the left side of the site. It is also more difficult to find information about the company itself. Besides that, <strong>once you learn how to navigate the site, you can find everything an investor needs to know about the NEO Finance platform. <\/strong><\/p>\n<h2>Customer service<\/h2>\n<p>The customer service is not always professional and high quality. The main issues is that it is difficult to reach customer service through the phone and get answers to the questions quickly, the problems are not always solved promptly.<\/p>\n<h2>Reviews<\/h2>\n<p>Customers are happy because investments are protected and there is a fairly high average interest rate. Most complaints are about the functionality of the platform. Consumers complain that the platform is difficult to use, the system often lags, some actions take too many steps, and the system is very inconvenient compared to competitors.<\/p>\n<h2>Neo Finance contacts<\/h2>\n<p class=\"fn\"><strong>NEO Finance, AB<\/strong><\/p>\n<p>Phone: +37068700300<\/p>\n<p>Address: A. Vivulskio g. 7, LT-03162 Vilnius<\/p>\n \r\n <div class=\"rehub_bordered_block rh_listofferitem rh_list_mbl_im_left \">\r\n    <div class=\"rh-flex-center-align rh-flex-justify-center mobileblockdisplay\">\r\n            <div class=\"rh_listcolumn rh_listcolumn_image text-center\">\r\n            <a href=\"https:\/\/finanpa.com\/ziureti\/neo-finance-2\/\" target=\"_blank\" rel=\"nofollow sponsored\" class=\"re_track_btn\">\r\n                                    <img decoding=\"async\" class=\"nolazyftheme\" src=\"https:\/\/finanpa.com\/wp-content\/uploads\/thumbs_dir\/neofinance-qw39f1xaemn2zuvt8fyzicyqmxvyyw5mwdv01y6cwo.png\" width=\"90\" height=\"90\" alt=\"NEO Finance\" \/>                            <\/a>\r\n            <\/div>\r\n        <div class=\"rh_listcolumn rh-flex-grow1 rh_listcolumn_text\">\r\n            <div class=\"font120 fontbold rehub-main-font lineheight20\"><\/div>\r\n            <div class=\"mt10 greycolor font90 lineheight20\"><\/div>\r\n        <\/div>\r\n        <div class=\"rh_listcolumn rh_listcolumn_price text-center\">\r\n            <span class=\"rh_price_wrapper\"><span class=\"price_count rehub-main-color fontbold\"><ins><\/ins><\/span><\/span>\r\n            <div class=\"brand_logo_small\">              \r\n                                 \r\n            <\/div>\r\n        <\/div>\r\n        <div class=\"text-right-align rh_listcolumn_btn\">\r\n            <div class=\"priced_block clearfix\">\r\n                <div>\r\n                    <a href=\"https:\/\/finanpa.com\/ziureti\/neo-finance-2\/\" class=\"re_track_btn btn_offer_block\" target=\"_blank\" rel=\"nofollow sponsored\">\r\n                                                    SEE IT                                            <\/a>\r\n                <\/div>\r\n                                                          \r\n                        <\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\r\n \r\n \n","protected":false},"excerpt":{"rendered":"<p>Neofinance.com is a peer-to-peer lending platform that was founded in 2015 in Lithuania and has its own branch in the Netherlands. It connects people who are looking for investment opportunities with people who need a loan. Consumer loans here are issued for up to 15,000 Euros with interest rates from 6% and an average return [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6052,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[143,49],"tags":[144],"offerexpiration":[],"class_list":["post-6531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","category-lithuania","tag-investavimas-en"],"_links":{"self":[{"href":"https:\/\/finanpa.com\/en\/wp-json\/wp\/v2\/posts\/6531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finanpa.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finanpa.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finanpa.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finanpa.com\/en\/wp-json\/wp\/v2\/comments?post=6531"}],"version-history":[{"count":0,"href":"https:\/\/finanpa.com\/en\/wp-json\/wp\/v2\/posts\/6531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finanpa.com\/en\/wp-json\/wp\/v2\/media\/6052"}],"wp:attachment":[{"href":"https:\/\/finanpa.com\/en\/wp-json\/wp\/v2\/media?parent=6531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finanpa.com\/en\/wp-json\/wp\/v2\/categories?post=6531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finanpa.com\/en\/wp-json\/wp\/v2\/tags?post=6531"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/finanpa.com\/en\/wp-json\/wp\/v2\/offerexpiration?post=6531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}