Nelo

The Nelo card and Apple Pay enable fast, secure, and contactless payments in physical stores and apps.

The page explains how to apply for online loans quickly and securely with Nelo, including considerations for loans without credit bureau checks.

Nelo offers online personal loans with quick responses, no paperwork, and direct deposits to a user’s bank account.

The Nelo card and Google Wallet enable fast, secure, and contactless payments in physical stores and apps.

The page explains how to check payment amounts and due dates when accepting a Nelo loan, with access to a payment calendar in the app.

Nelo avoids revolving charges and latent debt interest, offering clear payment terms compared to traditional credit cards.

The page explains what Nelo is, how it operates in Mexico, and the credit, payment, and shopping options available through the app.

The page answers common questions about Nelo, covering registration, bi-weekly payments, stores, security, credit limits, and VIP benefits.

Nelo provides instant credit for purchases at preferred stores, allowing users to pay for services, top-ups, and purchases in biweekly installments via mobile.

Nelo requests personal data and documentation during registration to create an account and assess a user’s profile.

The page describes the legal framework governing Nelo’s operations in Mexico, including contract terms, advertising rules, and consumer protection.

Nelo secures a **US$100 million debt facility** to fund its expansion into an **AI-powered commerce ecosystem**, moving beyond its core consumer credit business. The financing supports development of AI-driven tools for merchants and customers, positioning Nelo as a tech-enabled financial services provider. The facility underscores growing investor confidence in AI applications within fintech and retail commerce.

Sep 2026Mexico BusinessNews article

Nelo, a Mexican buy now, pay later app, secures a **$100 million credit facility** from Victory Park Capital. The funding supports loan book stability and business expansion. The company operates in Mexico’s growing fintech market.

Oct 2022Yahoo FinanceNews article

Nelo, a Mexican fintech, secures $20 million in funding to expand its buy-now-pay-later services. The round is led by Two Sigma Ventures, with new investors including Primer Capital, Gaingels, and Moving Capital joining existing backers. The capital supports scaling operations and product development in Latin America’s growing digital payments market.

Oct 2021LatamListNews article

Nelo secures $20 million in funding to expand its buy now, pay later (BNPL) services. The company targets the Mexican market as part of its growth strategy, joining a competitive sector dominated by players like Afterpay and Affirm.

Oct 2021TechCrunchNews article