Nasdaq Welcomes NEO Finance to Baltic First North Market

General News

Summary

NEO Finance – a company which is known as a Lithuanian fintech startup that operates the country‘s P2P lending platform, Paskolu Klubas, and the Neopay payment initiation service – held a successful IPO from May 15 to June 4, 2019. This is the first P2P lending platform and payment initiation service provider to tap the Baltic capital market,” says Saulius Malinauskas, the President of Nasdaq Vilnius. “In order to fuel further expansion, growing companies are actively looking for opportunities to raise funds on capital markets and First North. We have created a highly secure investment environment and, emboldened by investors’ trust, we will work even more resolutely and actively to strengthen our positions in the Lithuanian consumer credit market and to become market leaders in the provision of payment initiation services, expanding that service internationally,” says Evaldas Remeikis, Chair of the Board at NEO Finance. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets.

Classifications

industries
Fintech & Banking
applications
Governance, risk and compliance

AskAI Classifications

Labels
Financial Technology SaaS Data Analytics Software

Linked Companies

Nasdaq, Inc.
$5M to $10M