Nexo Capital Inc.
Headquarters
Zug Switzerland
About us
To maximize the value of digital assets and drive the next generation of wealth creation.
Built since 2018 as a digital asset wealth platform, Nexo helps individuals, institutions, and family offices grow and preserve crypto holdings without selling them. The platform manages over $7 billion in assets across 199+ jurisdictions, processing more than $430 billion in transactions for millions of users. Beyond basic crypto services, Nexo bridges traditional finance with blockchain technology through crypto-backed loans, high-yield savings accounts, and institutional-grade custody. The team operates with a "You Write It – You Own It" philosophy in small, autonomous teams with short release cycles, prioritizing long-term value and disciplined execution over quick wins.
Products
The platform centers on three core functions: earning, borrowing, and trading crypto. Users can deposit over 100 cryptocurrencies into Flexible or Fixed-term Savings accounts earning up to 15% APY, borrow fiat or stablecoins against crypto collateral through Credit Lines, and trade across 500+ pairs on the integrated exchange. The dual-mode Nexo Card lets users spend crypto while earning up to 2% cashback. For portfolios exceeding $100,000, Nexo Private offers dedicated relationship managers, zero-interest credit lines, and high-limit OTC trading. Business clients get Corporate Accounts, Prime Brokerage services, and White Label solutions.
Funding
Nexo raised approximately $52.5 million through an ICO in April 2018. While subsequent institutional funding details remain undisclosed, the company has attracted backing from Blockground Capital, Optimista Capital, Varys Capital, and angel investor Michael Arrington. Rather than relying on continuous fundraising, Nexo has operated as a revenue-generating business since inception. The company pursued growth through acquisition, buying Latin American crypto exchange Buenbit in December 2025.
Recent news
On May 27, 2026, Nexo announced a strategic reentry into the U.S. market through licensed partnerships, following its 2022 exit, leveraging the improved regulatory landscape to offer compliant crypto-backed lending and yield products to American users.
Technology
The backend runs on Java 17+ with Spring Boot in a microservices architecture hosted on AWS, Azure, and Google Cloud. Event-driven communication uses Apache Kafka, RabbitMQ, and Amazon SQS for messaging. Data storage spans relational databases like CockroachDB and PostgreSQL, plus document stores like MongoDB and OpenSearch, with Redis for caching. Infrastructure deployment uses Terraform and Kubernetes orchestration. Engineers also work with Python and Node.js for scripting, while actively integrating AI-powered tools for LLM-assisted development workflows, code generation, and automated refactoring.
Benefits
The hybrid work model is primarily office-based with scheduled home office flexibility. Compensation includes competitive base salary, annual performance-based bonuses, and a customizable personal benefits package. Professional development happens through a comprehensive Learning Hub with career advancement opportunities. Wellness benefits cover additional health insurance, all-access sports cards, team sports activities, standing desks, and blue light glasses. Daily perks include free parking with designated spaces, free electric bikes, public transportation cards, fresh fruits and snacks in a well-stocked kitchen, plus regular department and company-wide team building events.