NEO Finance AB was established in 2014. The company has full E-money institution license issued by the Bank of Lithuania, also holds peer-to-peer lending license, and is registered as consumer lending provider. The company runs P2P platform “Paskolų klubas” and provides payment initiation and account information services under “Neopay” brand name. It’s PIS/AIS license is passported to the EU. In 2020, NEO Finance AB has acquired the crowdfunding platform “FinoMark”, which started operations in February 2021.