Case Study: NEO Finance achieves 81% repayment rate with HES FinTech

NEO Finance boosts repayment rate to 81% with HES FinTech

NEO Finance, a Lithuania-based fintech platform, faced a challenge with the declining performance of its credit scoring models, leading to high non-performing loans and low approval rates. They needed an AI-driven solution from vendor HES FinTech, specifically their GiniMachine product, to ensure consistent risk assessment, reduce defaults, and support sustainable growth while meeting strict regulatory requirements.

HES FinTech implemented its AI-powered GiniMachine solution, which enabled NEO Finance to build and deploy custom credit scoring models for more accurate risk assessment. The results were significant: the number of issued credits increased by 50%, the non-performing loan rate decreased by 20%, and the repayment rate reached 81%.

NEO Finance