Nelo raises $3M to grow ‘buy now, pay later’ in Mexico

23 Apr, 2021

Nelo raises $3M to grow ‘buy now, pay later’ in Mexico
Photo by Daniel Cañibano on Unsplash

– Nelo, a startup founded by former Uber international growth team leads in Mexico.
– The company is already live with more than 45 merchants and over 150,000 users.
– San Francisco-based fintech-focused VC firm Homebrew led its recent seed round of $3 million, which also included participation from Susa Ventures, Crossbeam, Rogue Capital, Unpopular Ventures and others.
– With the latest capital infusion, Nelo has raised a total of $5.6 million since its 2019 inception.

Finance Financial Services FinTech Information Technology Latin America Mobile Apps Mobile Payments
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