Nexo Argentina Expands with the Launch of the Nexo Card, as Andres Ondarra Takes the Helm

The award-winning, world-first crypto debit-and-credit card arrives in Argentina alongside a management transition, positioning Buenos Aires as Nexo's regional hub for Latin America.

Buenos Aires, July 08, 2026 — Nexo, the premier digital property wealth platform, at this time launched the Nexo Card in Argentina, timed with the appointment of Andres Ondarra as Basic Supervisor, Nexo Argentina. These two milestones mark the following stage of Nexo's development in a market the place digital asset adoption runs deeper than virtually anyplace else  — the best share of any market surveyed.

The Nexo Card lets purchasers spend digital property instantly in debit mode or borrow in opposition to them as collateral in credit score mode, with out promoting — switching between the 2 in a single interface. New purchasers get 10% again on their first swipe, plus further cashback and milestone rewards price as much as USD 450 in whole over their first three months as they earn as much as 13% annual curiosity on idle in-app balances, paid every day. Cardholders additionally get fee-free ATM withdrawals of as much as USD 1,000 and fee-free foreign-currency spending of as much as USD 2,000 every month, alongside a month-to-month rebate on a number one subscription service and annual airport lounge entry with fast-track safety. The cardboard has been acknowledged by the Digital Banker Awards, the FinTech Breakthrough Awards, and the PAY360 Awards.

Highly effective advantages, regardless of the way you spend.

• Spending in ARS and US$: Shoppers will pay in pesos at residence with no forex conversion, or spend US$ at over 100 million retailers worldwide.
• Borrowing from 1.9% per yr: Customers can spend in opposition to their crypto with the one crypto bank card of its variety in Argentina.
• Curiosity on account stability: Nexo purchasers can obtain as much as 13% per yr on the funds they have not spent, paid out every day.
• No month-to-month, annual, or inactivity charges — plus a month-to-month allowance of as much as US$1,000 in ATM withdrawals.
• Keep in management always: Varied methods to handle your spending, balances, and rewards in-app, full with card freezes, spending controls, and biometric locks.
• Past on a regular basis spending: Shoppers can unlock airport lounge entry, fast-track safety, and rebates on subscriptions like Netflix and Spotify as your portfolio grows.

“Argentine purchasers have spent a decade making digital property a part of how they handle wealth. The Nexo Card is constructed exactly for that — letting them spend in debit mode, borrow in opposition to their holdings in credit score mode, and earn from each transaction, all with out having to promote. It is the liberty to dwell on that wealth, not simply maintain it,” mentioned Andres Ondarra, incoming Basic Supervisor, Nexo Argentina.

Ondarra brings greater than 25 years of expertise throughout conventional finance, fintech, and crypto in Latin America, together with a background in Wall Road funding banking. From August 1, he'll lead Nexo Argentina's operations, with a deal with shopper belief and the corporate's continued development within the nation.

He succeeds Federico Ogue, who oversaw Nexo's Argentine growth and is transitioning to a brand new entrepreneurial enterprise. “Argentina has one of the refined crypto and fintech ecosystems within the area, and the work Nexo has performed right here is one thing to be happy with. I look ahead to passing the baton to Andres, who brings precisely the expertise and imaginative and prescient to guide Nexo's subsequent stage of development in Argentina,” mentioned Ogue.

Argentina processed roughly USD 93.9 billion in digital-asset transactions over three years, rating second in Latin America behind Brazil. With capital already moved into digital property, the Nexo Card addresses what comes subsequent: on a regular basis utility — spending, borrowing, and incomes from these holdings with out promoting them.

With Buenos Aires now established as a regional hub, Nexo is investing in native infrastructure, sport partnerships — together with the AFA — and an area workforce supporting purchasers throughout Latin America. Eligible purchasers in Argentina can apply for the Nexo Card via the Nexo app and web site.

About Nexo

Nexo is a premier digital property wealth platform designed to empower purchasers to develop, handle, and protect their crypto holdings. Nexo’s mission is to guide the following technology of wealth creation by specializing in buyer success and delivering tailor-made options that construct enduring worth, supported by 24/7 shopper care.

Since 2018, Nexo has supplied unmatched alternatives to forward-thinking purchasers in over 199 jurisdictions. With over $7 billion in shopper property and over $430 billion processed, we deliver lasting worth to hundreds of thousands worldwide. Nexo’s all-in-one platform combines superior expertise with a client-first strategy, providing high-yield versatile and fixed-term financial savings, crypto-backed loans, refined buying and selling instruments, and the world's first dual-mode crypto credit-and-debit card. Constructed on deep trade experience, a sustainable enterprise mannequin, strong infrastructure, stringent safety, and international licensing, Nexo champions innovation and long-lasting prosperity.

Official web site: nexo.com

Media contact
Nexo Communications Staff — [email protected]