Neo Finance, a prominent financial company in Lithuania, reported a significant 27% increase in profit, amounting to 1.5 million euros for the past year. The firm's earnings before interest, taxes, depreciation, and amortization (EBITDA) saw a remarkable surge of 113%, reaching 2.17 million euros, with an EBITDA margin of 27%. This encouraging financial growth comes amidst ongoing challenges related to geographical expansion and the implementation of new services, as noted by CEO Juozas Kaminskas in a recent statement.

The company's payment processing entity, Neopay, demonstrated robust performance across the year, reporting that the volume of processed payments exceeded 14 million in the fourth quarter, marking a 28.5% increase compared to the same period in 2024. Overall, Neopay processed more than 52 million transactions in the last year, highlighting its pivotal role in the financial technology sector. Such achievements reflect increasing consumer engagement and reliance on digital payment platforms, especially in the ever-evolving financial landscape of Lithuania.

Additionally, the peer-to-peer lending platform, Paskolų klubas, contributed significantly to Neo Finance's financial health by issuing over 45 million euros in loans, a 7% uptick from 2024 figures. Furthermore, its nascent crowdfunding platform, FinoMark, showed promising growth, with its total loan portfolio reaching 8.1 million euros, representing a 47% increase compared to the previous year. This growth trajectory positions Neo Finance as a key player in the Lithuanian fintech market, ready to tackle upcoming challenges and capitalize on emerging opportunities.