NEO Finance Review
|Investors (09.2019)||Investments (09.2019)||Founded||Country|
|+8’000||+38 M EUR||2015||Lithuania|
|NEO Finance is the largest crowdlending platform in Lithuania. Through this crowdlending platform, investors can invest in Consumer loans from Lithuanian borrowers with a minimum investment size starting from €10. The interest rates have an average of 12% ROI per year, like the majority of the crowdlending platforms in Europe, but you can find investments ranging from 6% to 27% with different profiles of risk.
On the safety side, NEO Finance is trying her best to provide safety factors to her investors:
Finally, as side information, the platform has been launched leveraging a crowdfunding campaign for startups via the famous crowdfunding website Seedrs.
|NEO Finance is a rapidly growing crowdlending platform that, compared to its competitors, provides a higher level of transparency (e.g. loans defaults statistics, financial reports).
The platforms also offer great flexibility in terms of investments where you can choose for e.g.:
Finnaly, thanks to this flexibility, you can build a portfolio ranging from 6% to extremely high 27%.
Pros & Cons
|+ Highest-interest rates of the market (up to 27%)
+ High transparency in platform statistics
+ Safety fund in constant increase > 300K (=1% of total loans)
+ Minimum investment of €10
+ Detailed borrower information
+ Auto-invest available
+ Secondary market available
+ Bonus of € 25 after first deposit by using the NEO Finance links on this page
|– BuyBack guarantee is optional and is not free
– Withdrawals cost € 0.29
– No diversified investments (Consumer loans)
– Investors must be European
– Smaller-sized platform (lower track record)
|Return on investment (ROI)||12%|
|Minimum investment||€ 10|
|Investment period||24 – 60 months|
|Default rate||0% (BuyBack)|
|Trustpilot Score (Safety)||7.4/10|
|Personal/consumer loans (microloan, installment loan)|
Investment result forecast
|Below you will find the resulting forecast when investing using NEO Finance compared to investing the same amount in the US stock market (US stock market: 6% average yearly growth in the last 30 years).
By investing €1’000 using NEO Finance for 15 years you might end up with €11’974 (€9’577 more than with the stock market).
Welcome bonus – affiliate/referral link
|You can register to NEO Finance by clicking the button below. It will be highly appreciated. Thanks!
BONUS: € 25 bonus after first investment done
|View the list of all the platforms|
|NEO Finance Risk Analysis|