BNPL Nelo
Mexicofintech
Nelo is a Mexican fintech company that offers a Buy Now Pay Later (BNPL) product, enabling consumers to make purchases and pay for them in installments. The service addresses the need for accessible credit options in Mexico, allowing users to split payments over time without traditional credit cards. Nelo partners with merchants to integrate BNPL at checkout, targeting both online and in-store transactions. The company secured a $100 million credit facility from Victory Park Capital to fuel its growth plans, indicating significant traction in the Mexican market.
1 funding rounds tracked. Amounts, dates and investors are available to premium members.
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Key people
- Kyle Miller Co-Founder/CEO