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P2P Lending Firm NEO Finance releases financial reporting calendar

P2P Lending Firm NEO Finance releases financial reporting calendar
Jordan
Major
Updated: 11 Jan, 2021
2 mins read

EU-based peer-to-peer (P2P) lending platform NEO Finance has released the 2021 calendar for key financial reporting information. 

The platform is scheduled to release the 2020 Q4 sales report on January 15, 2021. Later next month, on February 15, the firm will release its interim financial information for 2020.

NEO Finance stakeholders will also get the full audited financial statement for the 2020 financial year on March 31, 2021.  On April 15, 2021, NEO Finance will release the 2021 Q1 sales report, while 2021 Q2 results will be out on July 15, 2021. The company will also convene an Ordinary General Meeting on April 23, 2021, for stakeholders.

The interim financial report for 2021 H1 will be released on July 30, 2021, while Q3 results will be out on October 15, 2021. 

NEO Finance investors surpass 12,000

Ahead of the financial information schedule, NEO Finance currently has 12,479 active investors with an average of  €2,749 in active investment amount. NEO Finance’s average loans are at 183, while the principal is at  €30.3 million. The loans have attracted 16.64% in interest translating to  €10.68 million received interest. 

Source: NEO Finance

As of December 2020, NEO Finance had issued  €63,771,393 loans distributed across 22,234 loans. 

Source: NEO Finance

NEO Finance is among the pioneering Fintech lending platforms that are gaining popularity. P2P lending platforms are appealing to both creditors and recipients. Loans are provided faster, more conveniently (online) and more transparently.

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Jordan Major
Author

Jordan is an investor and market analyst. He's passionate about stocks, ETFs, blockchain, and digital assets. At Finbold.com, he delves into the technicalities to obtain future trends for new market traders and gives insights into user-friendly platforms for beginners.