NEO Finance, AB has previously announced that pursuant to Republic of Lithuania Law on Electronic Money and Electronic Money Institutions and Resolution of the Bank of Lithuania No. 03-181 “On The Approval Of The Guidelines For The Assessment Of Members Of The Management Body And Key Function Holders Of Financial Market Participants Supervised By The Bank Of Lithuania”, provided The Bank of Lithuania with the necessary documents and information about Paulius Tarbunas in order to obtain the approval of Bank of Lithuania for his candidacy for the Head of administration of the Company. 17thDecember 2021 Evaldas Remeikis, chairman of the Board, on behalf of the Company, signed the termination of the employment contract with Aiva Remeikiene, as well as the addendum to the existing employment contract and all other related documents, with the new Head of administration P. Tarbunas, who was previously the Head of the Company's Open Banking Department.
NEO Finance AB is a Lithuania-based provider of consumer lending services. The Company operates an online platform that enables investors to earn by investing in Lithuanian consumer loans. The Company has an electronic money institution license, as well as a peer-to-peer (P2P) consumer lending license from the Lithuanian Central Bank. Additionally, the Company also provides provision fund and takes the customerâs risk. Its portfolio includes consumer loans, car loans, refinancing loan and other purpose loans, among others.
NEO FINANCE, AB 
