Nexo is a fintech application designed to provide instant crypto loans to users . The platform is operated by Credissimo, a leading fintech group that has served millions of customers across Europe for ten years. It is currently one of the leading providers of crypto loans alongside Blockfi , YouHodler and Celsius Network. Cryptocurrency holders who want access to fiat currency without having to sell crypto can use Nexo's loan service efficiently thanks to a technological solution called Nexo Oracle. The Oracle is a stand-alone system that performs real-time asset monitoring, loan setup, repayment analysis, automated notifications, data analysis and wallet maintenance.