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NEO Finance AB (OVSE:NEOFI) Cash Payments for Deposits by Banks and Customers


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What is NEO Finance AB Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


NEO Finance AB (OVSE:NEOFI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » NEO Finance AB (OVSE:NEOFI) » Definitions » Cash Payments for Deposits by Banks and Customers
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.