About Nexo
Nexo is a company founded in 2018. It operates as a FinTech, Subscription Services, and Commission-Based. Nexo offers products and services including Flexible Savings, Fixed-term Savings, Credit Line, Nexo Card, and Exchange.
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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Latest Funding Round
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Investors
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Products & Services of Nexo
Nexo offers a comprehensive portfolio of products and services, including Flexible Savings, Fixed-term Savings, Credit Line, Nexo Card, and Exchange. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Daily interest is earned on digital assets held.
Higher interest is earned for longer fixed periods.
Funds are borrowed without selling digital assets.
Spending is enabled with interest and cashback.
Over 100 digital assets are swapped easily.
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Funding Insights of Nexo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Nexo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nexo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nexo Comparisons
Competitors of Nexo
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Nexo
When was Nexo founded?
Nexo was founded in 2018.
What does Nexo do?
Nexo is established as a premier platform for managing and growing digital asset wealth since 2018. Services are provided in areas such as savings, borrowing, trading, and spending through products like Flexible Savings, Fixed-term Savings, Credit Lines, and the Nexo Card. Solutions are tailored for both individual and corporate clients, including bespoke services for high-net-worth individuals and institutional investors. Operations span over 150 jurisdictions, focusing on security, compliance, and personalized client care. Strategic initiatives and partnerships are pursued to drive innovation in the cryptocurrency and blockchain sectors.
What products or services does Nexo offer?
Nexo offers Flexible Savings, Fixed-term Savings, Credit Line, Nexo Card, and Exchange.
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