Over the past 10 years, we have been providing instant loans to millions of people across Europe. We believe that the expanding digital world helps improve our lives. We would like to contribute by providing. Nexo is The World’s First Instant Crypto Overdrafts – enjoy your crypto wealth today without selling your crypto assets!
In its historical development, Credissimo has been identifying and successfully solving inefficiencies on lending markets by creating innovative and convenient financing solutions. By applying blockchain technology, Nexo is Credissimo’s answer to solving the lack of financing for the new digital economy.
Clients obtain an instant overdraft in fiat currency (EUR, USD, etc.) or cryptocurrency by placing their digital assets in an Overdraft Wallet.
Unlock the Value of Digital Assets – Clients retain 100% ownership of their digital
assets. Without the need to sell them, the borrowers now keep the full benefit from the
assets’ value appreciation.
Nexo offers an instant crypto overdraft, which eliminates the need for cumbersome credit checks that might lead to credit score deterioration.
Quick Access to Cash – Access cash conveniently anywhere around the world via bank transfer, cryptocurrency or the Nexo credit card and seize investment opportunities or meet liquidity needs immediately.
Crypto оverdrafts are an affordable, flexible and efficient solution that also does not incur any tax liabilities or exchange and hidden fees.
Transparent Blockchain Contracts – Ownership of digital assets is secured and guaranteed by transparent blockchain Repo for Digital Assets overdraft contracts.
Cryptocurrency investors can receive immediate funding based on the market value of their Bitcoin, Ethereum or other liquid cryptocurrencies, tokenized assets or utility tokens.
Crypto Miners – Covering capital expenses such as computing power needed by Crypto Miners in order to stay competitive and grow their operations, often requires liquidation of mining rewards. This can be avoided by opening an instant crypto overdraft with Nexo.
ICO and Crypto Companies – Instead of directly selling the cryptocurrency raised from an ICO or generated in the course of business, crypto companies can now setup an instant crypto overdraft to meet their working capital and operating expenses requirements.
Cryptocurrency exchanges and trading platforms can use Nexo’s instant crypto overdraft to raise necessary funds to finance their margin lending and trading services.
Hedge Funds who have invested in cryptocurrencies, ICO tokens and other digital assets can leverage their portfolio by obtaining instant crypto overdraft from Nexo and take advantage of new investment opportunities.
Gamers and Virtual Reality Users – There are 2.2 billion gamers and VR users who trade in-game and VR items valued at over $50 billion. Instead of selling the items and losing the opportunity to use them in the future, they can now be used in an Overdraft Wallet to meet short-term liquidity needs.