NeoFinance investing platform


Return on investments


Usability of platform




Investment security


Min. deposit



  • Minimum deposit only 10 EUR
  • Buy Back guarantee
  • Automatic investments
  • User-friendly platform


  • Not available for investors outside the EU

These days, people frequently talk about peer to peer investing and projects. This type of investment works in such a way that enables investing online through a peer to peer investing platform that allows the users to lend and borrow money among themselves. Most of the time, one of the most critical conversations people have is what platform is secure and ready to invest in.

Fortunately, in this NeoFinance review, we will discuss why it might be an excellent platform for starting your investment portfolio.

What is NeoFinance

NeoFinance is a peer to peer investing platform that’s based in Lithuania. The platform has more than 6000 active investors, and the average return rate is about 17 percent. You can see more statistics about NeoFinance here.

NeoFinance offers to invest on an extensive variety of loan types:

  • travel loans
  • house repair loans
  • real estate purchases loans
  • car loans
  • refinancing loans
  • consumer loanshealth costs loans and others.

NeoFinance is not an usual P2P investing platform. You can apply for a loan on the platform, NeoFinance then does a credit risk evaluation, sets the interest rate for the loan, and then searches for lenders needed to fund the loan.  If the loan is not financed, it’s removed from the platform.

What makes NeoFinance different from other peer-to-peer platforms is that it has an unlimited e-money institution license. This allows NeoFinance to work anywhere in the European Union.

NeoFinance is similar to a banking system. Each user account has its own International Bank Account Number (IBAN) account. So, you don’t send money to NeoFinance, but to a Lithuanian bank account under your user name. This gives your capital an extra safety net. If you want, you can also use the IBAN account to transact payments like with a typical bank instead of using it for P2P investment.

Start investing with NeoFinance from only 10 EUR

Important highlights of NeoFinance

This genuine P2P investment platform has:

  • interest rates between 6 percent and 27 percent;
  • loans are ranked based on risk from A to D;
  • guaranteed buyback on defaulted loans;
  • 50 percent to 80 percent value emergency funds accessible to cover the repayments if the borrower is late;
  • some charges (0.29 EUR) when withdrawing money;
  • loan duration up to five years.

Opening an account

You can create a NeoFinance account easily if you are a citizen of the Europen Union. All you need to do is provide your ID, passport or a valid way to identify you in order to get an IBAN account.

Adding money to your account

Adding funds to your account is surprisingly quick and easy. The NeoFinance platform gives you a personal IBAN account number to add your funds into. During banking hours, it takes thirty minutes or less to transfer funds to your account.

If your daily account is not in Euros and you want to save up some exchange fees, you could use TransferWise which if you don’t have an account you can quickly create one here.

Investing in NeoFinance

Manual investment

The manual investment choice gives you minimal options. NeoFinance lets you view the loan duration, interest rate, and how much capital is still available for investment. But, you don’t have a choice to sort the loans based on any of these features. Some of the columns have a filtering option, but the Interest rate column doesn’t have that feature. You will have to scroll down the list of available loans and pick the loans you’re interested in.

You can view further details about a particular loan on the loan page. The borrower details include income, work experience and sector, age, other investments, and debt history. On the loan details section, you can view the expected yield based on the amount you intend to invest.

There’s also a check to enable or disable the Provision fund service. You will expect a lower yield if the provision fund service is enabled, but if the borrower is late, NeoFinance will cover the payments. Neofinance will use the funds collected in the provision fund to cover the payments you would otherwise not get.

NeoFinance also offers a buyback guarantee system. If you don’t want to enable the provision fund service and the credit you invested in defaults, you can sell it to Neofinance for 50-80 percent of the investment value, depending on the risk rating on the loan.

You can view the status of your loans on the My Investments page.

Start investing with NeoFinance from only 10 EUR

Manual investment in the secondary market

You can purchase loans from other investors on the secondary market. The secondary market page has all sorts of choices for sorting the loans that the primary market page does not have.


The auto-invest feature will let you open different profiles for both the primary and secondary markets. The feature allows you to choose the amount you want to invest into a particular loan, the interest rate, the loan rating, and the loan duration. You can also enable the provision fund service if you want. With an enabled provision fund rate, you will get a lower interest rate, but you will never miss a payment.

For more detailed information of the auto-invest portfolio, you can choose the type of loans you want, the loan price range and a lot of details about the borrower: age, available assets, the marital status, gender, education, and even if this is the borrower’s first loan.

NeoFinance advantages

  • Has a unique provision funds service that guarantees payback and reduces investor’s risks;
  • Unlimited license to work in the European Union;
  • Allows automatic investments with favorable returns;
  • Your money is safe here.

NeoFinance drawbacks

  • It is not available for investors outside the EU;
  • Does not allow diversified projects to invest in;
  • The website is a bit slow and could use some more features.


Determining what kind of P2P investment platform is the best for you can be confusing. But with NeoFinance, your money is safe because of the IBAN account guarantees that if something happens to NeoFinance, your money is safe in your bank account. Also, NeoFinance has a relatively lower interest rate compared to other P2P platforms.

With a buyback guarantee, you can safely invest your money with no worries of borrowers who don’t pay back the funds because NeoFinance will buy your bad loans for 50-80 percent of the investment value.

If you’re new to P2P investment and lending, NeoFinance is an excellent and user-friendly platform for your investments.

Start investing with NeoFinance from only 10 EUR