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Nelo
Mexico · Fintech
Nelo is a Mexican consumer-credit app for people who want to split purchases, pay bills or access cash without relying on a conventional credit card.
Product and customers
The app combines buy-now-pay-later installment purchases with bill payments, mobile top-ups, cash access and a Mastercard. That places credit and everyday payment tasks in one mobile account.
Nelo describes an active consumer product; its archive financing source reports one million active customers and three consecutive years of profitability.
- Headquarters
- Mexico City
Funding history
1 round · 0 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| $100 million credit facility renewal | Undisclosed | Victory Park Capital — Participant |