Fundraising Fox

Nelo

Mexico City, MX · Founded 2019 · 4 known investors

nelo.mx ↗

Nelo offers a mobile credit app for consumers in Mexico, letting users get approved for credit and pay in biweekly installments. Users can shop online and in stores, pay utility bills and phone top-ups, withdraw cash, and access a physical VIP card, all managed through the app.

ConsumerFintech

Founders & leadership

Nelo was founded in 2019 by Kyle Miller and Stephen Hebson.

KMKyle Miller
Kyle MillerinCo-Founder and CEO
SHStephen Hebson
Stephen HebsoninCo-Founder and Member of Technical Staff

Investors · 4

Eastward Capital PartnersWest Newton · $3M – $15M
HomebrewBurlingame · $100K – $500K
Top Corner CapitalBurlingame
Susa VenturesreportedSan Francisco · $1M – $5M

In the news

Nelo Life Founder Eric Allen Raises The Standard Of Excellence In Relationship and Network Marketing – OCNJ Dailyocnjdaily.com · Aug 2024Mexico-based PayTech app Nelo raises $100mfintech.global · Oct 2022BNPL Nelo scores $100M to fuel its ambitious growth planslatamlist.com · Oct 2022Nelo raises $20M for buy-now-pay-later solution - LatamListlatamlist.com · Oct 2021Nelo joins the BNPL rush, with $20M in new funding and the Mexican market in its sights | TechCrunchtechcrunch.com · Oct 2021Nelo raises $3M to grow 'buy now, pay later' in Mexico | TechCrunchtechcrunch.com · Apr 2021

Frequently asked questions

What does Nelo do?
Nelo offers a mobile credit app for consumers in Mexico, letting users get approved for credit and pay in biweekly installments. Users can shop online and in stores, pay utility bills and phone top-ups, withdraw cash, and access a physical VIP card, all managed through the app.
Who founded Nelo?
Nelo was founded by Kyle Miller, Stephen Hebson in 2019.
Who are Nelo's investors?
Nelo's investors include Eastward Capital Partners, Homebrew, Top Corner Capital, Susa Ventures.
Where is Nelo headquartered?
Nelo is headquartered in Mexico City, MX.