Nelo news and trends

Mexico’s BNPL App Nelo Nets $100M Credit Line for Expansion
BNPL // October 19, 2022

Mexican BNPL app Nelo has gotten a $100 million credit facility from Victory Park Capital, which will help it grow its business and cushion its loan book, according to a press release. Nelo CEO Kyle Miller has said the funding will help the company free...

Today in the Connected Economy: Discover Offers Customers New Privacy Tool
Connected Economy // April 20, 2022

Today in the connected economy, Discover gives its customers help getting their information off data collection websites, while Lyft offers to assist riders who need help getting to and from their vehicles. Also, BNPL firm Nelo unveils an all-in-one app, and open data and payments...

BNPL Service Nelo Launches All-In-One App
BNPL // April 20, 2022

Mexico City-based buy now, pay later (BNPL) service Nelo announced Wednesday (April 20) it had launched an all-in-one app. “Nelo’s customers can now use Nelo at any online merchant, through a partnership with Mastercard,” the company said in a news release. “Nelo’s app is the...

Quick Reads
Nelo and Paymentology Team to Expand Google Pay Use in Mexico

September 12, 2023
Consumer payments platform Nelo has joined forces with Paymentology to drive financial inclusion in Mexico. The collaboration, announced Tuesday (Sept. 12), will see Paymentology — a U.K.-based card issuer — supporting Nelo’s Mastercard in-person payments through Billetera de Google in Mexico, as well as with the launch of physical cards.  “Thanks to Paymentology, Nelo now has access to a fast and scalable infrastructure […]

Mexico’s BNPL App Nelo Nets $100M Credit Line for Expansion

October 19, 2022
Mexican BNPL app Nelo has gotten a $100 million credit facility from Victory Park Capital, which will help it grow its business and cushion its loan book, according to a...

BNPL Service Nelo Launches All-In-One App

April 20, 2022
Mexico City-based buy now, pay later (BNPL) service Nelo announced Wednesday (April 20) it had launched an all-in-one app. “Nelo’s customers can now use Nelo at any online merchant, through...