Nexo Cuts Minimum Borrowing Amount to Just $10. Read more →
Nexo is the world's largest and most trusted lending institution in the digital finance industry
Since 2018 Nexo has strived to bring professional banking services to the world of digital assets. Leveraging the best of the team's 13 years of experience in FinTech along with the power of blockchain technology, Nexo empowers thousands of people to harness the value behind their crypto assets, shaping a new, better financial system.
Nexo is the world's largest and most trusted lending institution in the decentralized finance space and has already processed more than $3 billion for 800,000+ clients in 200+ jurisdictions.
The development of a user-friendly mobile website and mobile apps allowed the company to process over 1M+ online loan applications
Credissimo developed innovative in-house technology that introduced automated, near-instant credit approval seven days a week
The development of a user-friendly mobile website and iPhone/Android apps allowed the company to process over 1,000,000 online loan applications
Driven by a vision to provide convenient solutions for its customers, Credissimo diversified its products and introduced e-commerce financing and direct utility bill payments - 300+ merchants onboarded
On May 7, 2014, Credissimo successfully listed 2.5 million shares on the public markets
Adopting Machine Learning and Big Data technology further enhanced Credissimo's loan scoring algorithms
Credissimo pioneered a Bitcoin loan repayment option. The company was also the first consumer lender in the world to launch an automated lending Chatbot (for which it received "Innovation of the Year" Award)
Credissimo reached the Top 10 Alternative Finance in European FinTech Awards 2017 and received two Forbes Business Awards 2017 for “Financial Sector Innovations” and “Quality of Services”
Co-Founder & Managing Partner
Nexo is committed to successfully solving inefficiencies in the lending markets by creating innovative, convenient and sustainable solutions. By harnessing the potential behind blockchain technology, Nexo is pioneering a new digital financial system.
We see a future for the financial world where all assets are tokenized on-chain and people have efficient ways to transfer or manage their funds. At Nexo, we always look ahead which is why we’ve designed our products to be seamless, secure and instant -- the banking services of tomorrow.
Nexo’s values are rooted in efficiency, transparency and inclusivity. This is reflected in our fully-automated products, transparent processes and our extensive efforts to develop a truly global service that makes wealth creation opportunities available to everyone, providing accessible banking services for the unbanked.
Imagine yourself contributing to the development of one of the most dynamic blockchain-based FinTech companies in the world, redefining how financial services are conducted. This innovative company is Nexo.
This is not a startup this is a team that has a successful track record of over 10 years extending over $120 million in credit...The group recently raised over $50 million for Nexo, its crypto lending venture. All money will be loaned out to so-called hodlers, or those who intend to hold digital currency long-term.
The idea of crypto lending is one of the most revolutionary things that happened because of the wide adoption and popularity of cryptocurrencies (...) Switzerland-based Nexo is considered to be the first platform to provide instant crypto backed loans is adding XRP as the newest collateral option on their platform.
Nexo offered to provide immediate funding of up to $2 million per customer to SALT Lending’s backlog of loan applicants.
Nexo, a cryptocurrencies loan services, said this week that it’s going to offer interest payments on several leading stablecoins. When stored on the platform, trueusd (TUSD), geminidollar (GUSD), paxos standard (PAX), Circle’s usdcoin (USDC), and Maker’s dai (DAI) will generate an 8 percent interest rate for those holding the currency.
Nexo is ambitiously pursuing its goal of providing cryptoasset-backed credit to consumers in the EU and US. Nexo’s primary protocol functionality is an online platform that enables users to create instant cryptocurrency-backed loans by depositing various major cryptoassets into a Nexo account. The system automatically adjusts the credit limit based on the fluctuating value of the deposited cryptoassets.
The annualized dividend yield of NEXO is 4.80% which beats all dividend stocks in Warren Buffet’s portfolio: Apple at 1.4%, JP Morgan at 3%, Wells Fargo at 3.3%, and Goldman Sachs at 1.6%[...] A truly borderless enterprise, Nexo offers clients over 40+ fiat currencies to choose from in over 200 jurisdictions.