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Nexo shortlisted for Best Credit or Lending Product at PAY360 Awards 2026
Nexo announced that its Zero-interest Credit product has been shortlisted for Best Credit or Lending Product at The PAY360 Awards 2026. The product recently received recognition at the 2026 FinTech Breakthrough Awards for its approach to crypto-backed lending.
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Nexo’s Zero-interest Credit (ZiC) product has been shortlisted for Best Credit or Lending Product at The PAY360 Awards 2026. The product, which previously received the “Consumer Lending Product of the Year” award at the 2026 FinTech Breakthrough Awards, allows users to borrow against Bitcoin and Ethereum at 0% APR with no fees.
ZiC features a fixed-duration lending model with predefined repayment parameters, aiming to offer clarity and reduce the risk of mid-term liquidations or margin calls. Since its launch, over $140 million in loans have been issued through ZiC, with a borrower renewal rate of 76% and averaging more than four renewals per user. The product was initially available via private and OTC channels before its public offering.
Nexo is a cryptocurrency platform established in 2018 that integrates digital asset custody, exchange, and lending services, supporting a broad range of digital and fiat assets within a single ecosystem. Key features include crypto-backed credit lines, integrated wallets, competitive yield options, a tiered loyalty program, and the Nexo Card for everyday spending against a crypto-secured credit line. For further information and detailed analysis, see the broker profile on Traders Union.
In the previous Nexo update on Traders Union, the asset was experiencing persistent bearish momentum and limited rebound prospects amid strong selling pressure and oversold indicators. For more details, you can read the previous Nexo update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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