Nelo (already listed)
MexicoFintechFounded 2019
Nelo is a Mexican fintech startup that provides a Buy Now, Pay Later (BNPL) service, allowing consumers to purchase goods and services with flexible payment plans. The platform operates primarily through a mobile app where users can obtain credit in minutes using their CURP and INE, then choose to pay for purchases in installments over multiple pay periods (quincenas) without hidden fees. Nelo serves individual consumers in Mexico, helping them build credit history while offering access to a physical card, cash withdrawals, and a dedicated online store. The company has demonstrated significant traction with over 40 million credits granted and more than 5 million app downloads, supported by high user ratings on both Google Play and the Apple Store.
Key people
- Kyle Miller Co-Founder/CEO