Nelo Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 42

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 22

Nelo General Information

Description

Developer of a digital credit platform designed to provide flexible consumer financing. The company's platform offers mobile credit approvals, installment payments, utility bill payments, cellular top-ups, cash transfers, and virtual or physical payment cards, enabling consumers to finance purchases, manage expenses, and build credit history.

Contact Information

Website
www.nelo.mx
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Plaza Villa de Madrid Number 1
  • Piso 11 Ala Sur Colonia Roma Norte, Alcaldía Cuauhtémoc
  • Mexico City, 06700
  • Mexico
Primary Industry
Consumer Finance
Other Industries
Financial Software
Vertical(s)
SaaS, Mobile Commerce, FinTech, Mobile
Corporate Office
  • Plaza Villa de Madrid Number 1
  • Piso 11 Ala Sur Colonia Roma Norte, Alcaldía Cuauhtémoc
  • Mexico City, 06700
  • Mexico

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Nelo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC 28-Feb-2024 Completed Generating Revenue
4. General Corporate Purpose 19-Oct-2022 Completed Generating Revenue
3. Early Stage VC (Series A) 14-Sep-2021 Completed Generating Revenue
2. Seed Round 16-Apr-2021 $3M $5.6M Completed Generating Revenue
1. Seed Round $2.6M $2.6M Completed Startup
To view Nelo’s complete valuation and funding history, request access »

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Nelo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a digital credit platform designed to provide flexible consumer financing. The company's platform offers mo
Consumer Finance
Mexico City, Mexico
42 As of 2024

Zapopan, Mexico
 

Bogota, Colombia
 
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Nelo Competitors (3)

One of Nelo’s 3 competitors is Atrato, a Venture Capital-Backed company based in Zapopan, Mexico.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Atrato Venture Capital-Backed Zapopan, Mexico
Addi Venture Capital-Backed Bogota, Colombia
Aplazo Venture Capital-Backed Mexico City, Mexico
You’re viewing 3 of 3 competitors. Get the full list »

Nelo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Nelo Investors (22)

Investor Name Investor Type Holding Investor Since Participating Rounds
Calm Ventures Venture Capital Minority
Eastward Capital Partners Venture Capital Minority
Angel (individual) Minority
Deviation Capital Venture Capital Minority
Angel (individual) Minority
You’re viewing 5 of 22 investors. Get the full list »

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Nelo FAQs

  • When was Nelo founded?

    Nelo was founded in 2019.

  • Where is Nelo headquartered?

    Nelo is headquartered in Mexico City, Mexico.

  • What is the size of Nelo?

    Nelo has 42 total employees.

  • What industry is Nelo in?

    Nelo’s primary industry is Consumer Finance.

  • Is Nelo a private or public company?

    Nelo is a Private company.

  • What is Nelo’s current revenue?

    The current revenue for Nelo is .

  • How much funding has Nelo raised over time?

    Nelo has raised $126M.

  • Who are Nelo’s investors?

    Calm Ventures, Eastward Capital Partners, , Deviation Capital, and are 5 of 22 investors who have invested in Nelo.

  • Who are Nelo’s competitors?

    Atrato, Addi, and Aplazo are competitors of Nelo.

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