Nelo, founded in 2019 and headquartered in Mexico, is a fintech company with a mission to boost the purchasing power of consumers throughout Latin America. Operating within the realms of Finance, Financial Services, Fintech, Information Technology, Mobile, and Payments, Nelo anchors itself on values like ownership, continuous improvement, agility, transparency, and a customer-first approach.
With the slogan "Nelo increases the buying power of consumers in Latin America", the company aims to provide tailored credit solutions directly aligned with consumer needs. On October 19, 2022, Nelo secured a $100 million debt financing investment from Victory Park Capital, highlighting strong investor confidence in its business model and growth potential.