Nexo

Nexo card sees $50M in holiday spending boosted by its credit function

Nexo Card's holiday spending hits $50M, earning the FinTech Breakthrough Award for payment innovation.

Business Mar. 14, 2024

Nexo’s Dubai entity secures initial approval to offer crypto services

Nexo's Dubai entity gains initial approval from VARA, marking a significant step in expanding its virtual asset services in the UAE.

Regulation Mar. 5, 2024

Nexo Defends Itself Against Cease and Desist Allegations

Nexo has defended itself against various charges by U.S. regulators by claiming its promised interest rates are usually low.

News Sep. 27, 2022

Nexo Hit With Cease and Desist Orders From Eight U.S. States

Multiple U.S. state regulators have issued a cease and desist order against the crypto lending platform Nexo.

News Sep. 26, 2022

Nexo Taking Steps to Acquire Distressed Crypto Lender Vauld

One day after Vauld announced that it had halted customer withdrawals, Nexo has revealed that it is considering acquiring the firm.

Business Jul. 5, 2022

Nexo Circles Celsius for Potential Loan Asset Buyout

Crypto lending platform Nexo has offered to purchase Celsius' assets as it deals with an alleged liquidity crisis.

Business Jun. 13, 2022

Nexo Launches Crypto-Backed Credit Card in Europe

Nexo announced today that it had partnered with Mastercard and DiPocket to launch a new crypto-backed credit card in Europe.

Business Apr. 13, 2022

Nexo Launches NFT-Backed Lending Service

Crypto lending firm Nexo has entered the NFT lending business; the firm will allow OTC clients to borrow funds using top NFTs as collateral.

Business Dec. 16, 2021