NE

About

At Nelo, we're building a modern alternative to credit cards that increases the buying power of consumers in Latin America. Our lean team prides itself on velocity, intellectual rigor, and efficiency - values that stem from our founders' experience scaling teams at Uber and Amazon. We've grown to over $500MM in annualized GMV with a small, high-impact team that believes in autonomy over bureaucracy. Every engineer here owns their problems end-to-end, whether that's building causal inference models that determine credit access or automating reconciliation systems that track every peso through our platform.

We believe the best solutions come from deep understanding of first principles, not just applying the latest framework. Our data scientists don't just optimize metrics - they build the core underwriting engine that balances growth with risk in an emerging market. Our customer experience agents aren't script-readers; they're detectives who solve complex, ambiguous cases that automation can't touch. We've raised over $40M from top investors including Two Sigma Ventures and Homebrew, but we operate with the focus of a much earlier-stage company. We're not just making payments easier - we're expanding access to credit for millions of Mexicans underserved by traditional banking.

Similar companies

VA

Vana

Vana is a Guatemalan fintech company providing quick, accessible loans up to Q3,000 through a mobile app, using machine learning to serve the financially underserved in Latin America.

AL

Alma

Alma is a European BNPL platform serving 21,000+ merchants and 8M consumers across 10 countries, processing billions of euros in payments with €100M+ ARR.

NO

Novacard

Novacard is a Mexican fintech company revolutionizing credit access in Mexico and LATAM through simple, transparent, and fully digital financial products, offering a 0% interest credit card that can be obtained in under 5 minutes.

LE

Lendable

Lendable is a UK fintech company founded in 2014 that provides fast personal loans, credit cards, and car finance with technology-driven processes and exceptional customer service.

RA

Red Amigo DAL S.A.P.I. de C.V. S.O.F.O.M. E.N.R

Konfío is Mexico's largest online lending platform for small and medium businesses, providing credit solutions, corporate credit cards, and payment terminals through data-driven technology.

DE

DEUNA

DEUNA is an AI-powered payment infrastructure platform that helps large enterprises orchestrate global payments, boost approval rates, and accelerate commerce performance through unified integrations and intelligent data insights.