NEO Finance AB: NEO Finance recognised as one of the Lithuanian market leaders in The Global Fintech Index 2020

NEO Finance was recognised as one of the Lithuanian market leaders and "the one
to watch" in The Global Fintech Index 2020, created by Findexable. The report
defines fintech as "A technologically enabled innovation in financial services
that could result in new business models, applications, processes or products
with a material effect on financial institutions and provision of financial
services." 

The Global Fintech Index put Lithuania in the 4th place in the Fintech TOP 10,
surpassed only by USA, UK and Singapore. 

"With a population about a third the size of London, it's [Lithuania] now
second only to the UK by number of fintechs with EU e-money licenses. Big
success indeed for a small nation," was noted in the report.