“NEO Finance”, AB Sales report 2021 Q3 2021-10-15

“NEO Finance”, AB Sales report 2021 Q3

NEO Finance AB
Notification on material event

2021 Q3 for the company gave exceptionally high results – the records of the amount of issued loans and payment initiation transactions during the quarter were achieved.

In 2021 Q3, “NEO Finance” granted consumer loans for 7.7 M EUR and compared to 2020 Q3, the amount grew by 64%.

The intermediary fee is the largest source of income in P2P lending activities. 2021 Q3 intermediary fee receivable for newly granted consumer loans amounted to 777 K EUR. This income will be received throughout the loan period. Compared to 2020 Q3 achieved 70% growth.

The volume of payment initiation services grew even faster – in 2021 Q3, the customers of the company performed 3.99 M transactions. Compared to 2020 Q3, when only 1.64 M transactions were performed. Transaction volume increased by as much as 144%.

„FinoMark“, UAB, in 2021 Q3 issued business loans for 181 K EUR.

Please find more information in the attached report.

Aivaras Bielskis
Financial Analyst

E-mail: [email protected]

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