NEO Finance review 2025
Read our NEO Finance review, and learn if the platform fits you.
NEO Finance
Pros
Cons
NEO Finance review summary:
NEO Finance is one of the best P2P lending platforms in Europe for investing in consumer loans. The platform with a lot of pros and very few cons. One of the limitations of NEO Finance is the fact that you can only invest in loans from Paskolų Klubas on the platform. Compared to other P2P lending platforms, NEO Finance is much more transparent about its operations. Overall, we were extremely pleasantly surprised by NEO Finance, and it is our opinion that the platform is very underrated for European P2P investors.
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Introduction to our NEO Finance review
We took a closer look at NEO Finance to see how it works, what sets it apart, and whether it’s safe. This NEO Finance review reflects only our personal opinions and experiences, and should not be taken as financial advice.
Learn about the following in our NEO Finance review:
- What is NEO Finance?
- What is the return on NEO Finance?
- Is it safe to invest on NEO Finance?
- Who can invest on NEO Finance?
- How to invest on NEO Finance?
- How to withdraw money from NEO Finance?
- What are the best NEO Finance alternatives?
- Conclusion of our NEO Finance review
What is NEO Finance?

NEO Finance, also known as Paskolų klubas, is a Lithuanian P2P lending platform launched in December 2015. It enables investors to fund consumer loans with average returns typically around 12%.
NEO Finance works by connecting individual investors with Lithuanian consumers seeking loans. Investors can begin investing with as little as €10, funding consumer loans and earning interest based on the loan agreements. Investors choose which loans to fund, and in return, borrowers pay interest on the borrowed amount.
The platform has around 16,000 investors, who together have funded approximately €218,000,000 in loans.
NEO Finance is regulated and supervised by the Bank of Lithuania, holding an electronic money institution license that allows it to operate across the European Union.
NEO Finance statistics:
Launched: | 2015 |
Investors: | 16,000 + |
Interest rate: | 5 – 27 % |
Loan period: | 1 – 120 months |
Loan type: | Consumer |
Loans funded: | € 218,000,000 + |
Min. investment: | € 10 |
NEO Finance Trustpilot rating
NEO Finance has received a TrustScore of 4.3/5 based on 90 reviews on Trustpilot. Many investors commend its transparent approach, robust protections, strong returns, and user-friendly interface, noting that regulation by the Bank of Lithuania adds to their confidence. However, some users have pointed out concerns with newly introduced fees, default management issues, language barriers, and the complexity involved in manual investments, indicating room for improvement.
What is the return on NEO Finance?
NEO Finance’s average annual investment return is 12%. This level is in the mid-range compared to other P2P lending platforms, which offer average returns ranging from 9% to 15%. A higher return typically implies a higher risk, so it is essential for investors to evaluate their loan portfolios carefully.
The interest rates on NEO Finance ranges from 7.5% to 25%, giving investors flexibility in selecting loans that match their preferred risk-return profile. Higher-interest loans often correlate with higher risk, so investors should weigh their appetite for volatility against the potential for bigger gains.
Despite occasional minor delays in matching funds to loans, cash drag has not been a significant issue on NEO Finance. Over the long term, returns have generally remained stable, reflecting the platform’s focus on providing consistent results for its investors.
How does NEO Finance handle taxes?
NEO Finance is legally required to withhold taxes on interest income from loans on its platform. This can make handling your taxes more complex than on platforms such as PeerBerry, Robocash, or Esketit, which do not withhold taxes.
The standard withholding tax rate on NEO Finance is 15% for non-Lithuanian residents.
Is it safe to invest on NEO Finance?
NEO Finance is considered one of the safest P2P lending platforms in Europe. Regulated and supervised by the Bank of Lithuania, it holds an electronic money institution license that enables it to operate across the European Union. This regulated status indicates that the platform is legitimate, reliable, and not a scam.
Currently, 87.9% of the loans on NEO Finance are performing without delays, which is a positive indicator for investors. However, not all loans on the platform come with a buyback guarantee, so investors should carefully check each loan’s details and assess their personal risk tolerance before investing.
NEO Finance buyback guarantee
All loans rated A+ are 100% covered by the NEO Finance buyback guarantee.
This means that 100% of a loan is repurchased by NEO Finance if the loan defaults.
If you invest in loans rated A-C, your investments are only partially covered by the buyback guarantee. How each loan is covered depends on the credit rating and the offer expiration date.
If you want your loans fully covered in the event of a loan default, you must invest in loans rated A+.
NEO Finance financials
Since the buyback guarantee depends a lot on the company’s solvency, we have taken a look at the latest financial reports of the company.
We have done this to find out if NEO Finance is actually profitable and whether they actually have the cash to exercise the buyback guarantees on loans if the number of defaults suddenly skyrockets.
Profitable company
In the latest annual report from 2021, NEO Finance made a net profit before tax of 179,054 EUR with an EBITDA margin of 12%.
This means that NEO Finance is a profitable company, which is a good sign for P2P investors looking to invest on a platform.
Downturn resistant platform
Although the platform is not yet profitable, NEO Finance’s annual voluntary “stress test” shows that the platform will be able to get through an economic downturn with positive cash flow.
You can see more about which assumptions were made for the stress test here (Q1 2019).
NEO Finance regulation and licenses
In addition to the financial progress of NEO Finance, the platform is also at the forefront of the field when it comes to living up to regulations.
As part of this NEO Finance review, we have taken a look at what licenses the company has and what regulations it meets – and it’s not a few.
Among other things, NEO Finance has:
- The Electronic Money Institution (EMI) license was granted by the Bank of Lithuania.
Furthermore, the company is:
- Included in the public list of consumer credit providers.
- The first to be included in the public list of P2P lending platform operators.
- Supervised by the Bank of Lithuania
Two-factor authentication
NEO Finance offers two-factor authentication (2FA) to strengthen account security. This feature generates unique, time-based passcodes to protect investor funds from unauthorized access. Since hackers have targeted P2P lending platforms in the past, enabling 2FA is strongly recommended.
Who can invest on NEO Finance?
To be able to invest with NEO Finance, it is a requirement that you are a citizen of the European Union, or any country in the European Economic Area, with a valid passport, ID card, or mobile signature.
In order to invest at NEO Finance, you also have to be at least 18 years old or have the investments made on your behalf by a parent.
If you meet the requirements, then it should be very straightforward to sign up as an investor. Simply follow this process:
- Create an account
- Perform an identity verification
- Open an e-money account
- Deposit funds
- Start investing
As you can see, there are very few barriers to starting investing with NEO Finance.
Would you like to become a NEO Finance investor and do you live in one of the many countries in the entire European Union? Then press the button below and sign up. It’s probably the fastest way to go from reading this NEO Finance P2P review to investing yourself:
How to invest on NEO Finance?
Before you can start investing on NEO Finance, you must complete the following steps:
- Sign up on the NEO Finance website.
- Verify your identity.
- Complete the KYC questionnaire.
- Deposit funds into your account.
The entire registration process usually takes about 5-10 minutes, including signing up, verifying your identity, filling out any required questionnaires, and making your first deposit.
You can deposit money into your NEO Finance account using SEPA transfers. The minimum deposit is €0.01, and funds typically arrive within 1-3 business days. It is only possible to deposit funds in Euros (EUR).
Once you have funded your account, you can start investing in P2P loans on the platform. NEO Finance allows you to invest manually by browsing available loans or automatically using an auto-invest strategy.
NEO Finance auto-invest
NEO Finance provides an auto-invest feature to automatically allocate funds into suitable loan investments based on each investor’s predefined criteria, saving time and simplifying the investment process.
The auto-invest tool enables you to configure key parameters, including portfolio size, maximum investment per loan, interest rate, loan term, loan type, loan status, countries, and loan originators. You can also automatically reinvest all returns.
Setting up a NEO Finance auto-invest strategy only takes 1 minute, and your funds should be invested within a few hours. If your auto-invest is not working, it is usually due to a lack of loans that meet your criteria. This can happen when your filters are too narrow or when no suitable loans are available.

How to withdraw money from NEO Finance?
You can withdraw your uninvested funds from NEO Finance at any time using the withdrawal section of your investor account. The minimum withdrawal amount is €0.01 and it usually takes 1-2 business days for your funds to arrive in your bank account.
NEO Finance does not charge any fees for withdrawing funds from your account, but your bank may charge fees for receiving international transfers.
To exit NEO Finance, you must first turn off all auto-invest strategies and sell any existing loans on the secondary market. If you hold non-performing loans, the platform must first recover the underlying debt before allowing withdrawals, which can negatively affect your liquidity.
NEO Finance secondary market
NEO Finance offers a secondary market for its investments, allowing investors to sell their loans before maturity. Both buyers and sellers pay a 1% fee when trading on the secondary market.
The time it takes to sell an investment on the NEO Finance secondary market varies depending on the price set by the seller and current market conditions. Sellers can list loans at face value or apply discounts or premiums to attract buyers. Each listing remains valid for up to 30 days, after which sellers must relist if they wish to continue selling.
NEO Finance’s secondary market is less appealing than alternatives such as Mintos, Esketit and Robocash. The primary drawback is the relatively high fees imposed on buyers on the secondary market, which can reduce liquidity. Buyer fees are uncommon on other platforms.
What are the best NEO Finance alternatives?
Some of the best alternatives to NEO Finance are Income Marketplace, Lonvest and FinBee.
Conclusion of our NEO Finance review
NEO Finance is one of the best P2P lending platforms in Europe for investing in consumer loans. The platform sets itself apart from competitors through its high level of transparency, strong regulatory oversight by the Bank of Lithuania, and profitable operations that instill investor confidence.
While NEO Finance provides competitive returns of around 12%, a buyback guarantee on A+ loans, and a user-friendly interface, it lacks a mobile app, focuses mainly on Lithuanian borrowers, and offers limited diversification for investors who prefer a broader range of loan originators.
NEO Finance is worth considering for investors seeking higher potential returns and a transparent, well-regulated environment. It may not be a good investment for those who prefer more varied loan opportunities. If you prefer broader diversification options, consider other P2P investment platforms.
Would you like to invest in the platform after reading this NEO Finance review? Then just click on the button below. This will take you directly to NEO Finance’s site where you can sign up as an investor.