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NEO Finance AB (OVSE:NEOFI) Policy Acquisition Expense


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What is NEO Finance AB Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.


NEO Finance AB (OVSE:NEOFI) Business Description

Traded in Other Exchanges
N/A
Address
A. Vivulskio Street 7, Vilnius, LTU, LT-03162
NEO Finance AB is engaged in peer-to-peer lending services. It owns and operates a Peer-to-peer lending platform that enables retail Lenders to lend money directly to retail borrowers. The company generates its revenues via the lending platform in two main ways: intermediary fee charged from borrowers on installments made and by interest made by co-investing with lenders.