NEO Finance is the P2P investment platform of the Lithuanian lender Paskolu Klubas. They are operating since 2016 and hold authorisations from the Bank of Lithuania. They offers opportunity to invest in traditional personal loans with typical rates of around 18% and terms of 48 months. They have option for buy back defaulted loans at their expected future recovery level which is between 50-80% of outstanding balance. They forecast that our investors should expect net returns of between 11 to 15% after defaults.