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Nexo Australia Launches Pioneering Credit score Strains After Securing Credit score Authorisation
- Nexo will get appointed as a Credit score Consultant and launches Credit score Strains inside Australia’s shopper credit score framework
- Nexo’s regionally structured Credit score Strains allow eligible purchasers to entry liquidity with out promoting their digital property
- The launch extends Nexo’s Australian presence to a full digital asset wealth proposition as Australian crypto possession matures and demand for private credit score continues to develop
SYDNEY, Australia, August 19, 2026 — Nexo Australia has been appointed as a Credit score Consultant, launching the corporate’s pioneering Credit score Strains in Australia absolutely beneath the Nationwide Client Credit score Safety Act and giving purchasers the safeguards that solely include borrowing from a regulated lender.
The milestone makes Nexo one among a small variety of digital asset platforms providing a regulated crypto-backed credit score in Australia. Nexo Australia is regionally integrated, registered with AUSTRAC as a Digital Asset Service Supplier, and a member of the Australian Monetary Complaints Authority (AFCA).
Nexo's Credit score Strains — along with the Nexo Booster and Wealth Membership loyalty programme — be a part of Nexo's current Nexo Change and the newly rebranded Progress product, bringing Nexo's full suite collectively beneath one unified platform in Australia.
The Credit score Strains let eligible purchasers entry liquidity in opposition to their digital property with out promoting them — preserving long-term market publicity. Rates of interest vary from 0.9% to 21.9% p.a., relying on a consumer’s loyalty tier and Credit score Line model. Shoppers can borrow in opposition to a variety of eligible digital property, with funds usually out there inside 24 hours. The Credit score Strains provide no fastened time period, no origination charges, and versatile repayments.
Nexo is without doubt one of the few digital asset credit score suppliers in Australia to supply payouts in both AUD or stablecoins. Australian purchasers additionally obtain a devoted AUD account quantity for deposits, decreasing delays and errors Australians generally face when transferring funds to crypto platforms. The Credit score Strains embody Collateral Change, permitting purchasers to swap between eligible collateral property with out interrupting their Credit score Line, making it simpler to rebalance their portfolio as market circumstances evolve.
The Nexo Booster, a part of the newly launched merchandise in Australia, permits purchasers to amplify their digital property by as much as 3 times, utilizing new positions as collateral.
Nexo’s development product returns to Australia as Nexo Progress, letting purchasers obtain as much as 10% p.a. on Supported Belongings — Charges range by asset and time period, and Returns will not be assured. Shoppers can select Versatile Progress, the place Returns accrue each day and funds will be withdrawn on request, or Fastened-term Progress, which presents a better Return Price over a set interval.
The extra purchasers use the platform, the extra they get again. Nexo's Wealth Membership rewards greater exercise with higher Credit score Line charges, cashback, and life-style perks — from merchandise and occasion tickets to unique hospitality — throughout 4 tiers. The programme was named Finest Wealth Consumer Loyalty Programme for Digital CX at The Digital Banker's 2025 Digital CX Awards.
Nexo enters this subsequent section from a place of energy, as adoption continues and extra Australians search for methods to place their digital property to work — with a single platform to borrow, develop, and handle digital wealth.
Almost one in three Australians now owns cryptocurrency1. On the similar time, Australia recorded A$9.8 billion in new private fixed-term mortgage commitments within the March quarter of 2026, up 14.5 per cent year-on-year2. But a lot of the digital asset market stays centered on shopping for, promoting and storing crypto, creating a possibility for providers that assist Australians entry liquidity, obtain returns, and handle their property as a part of a broader wealth technique.
“The Australian market is prepared for a greater, extra built-in mannequin. We constructed these merchandise to present Australian purchasers extremely cost-competitive credit score and the flexibility to place their digital property to work, while assessing every product in opposition to the relevant Australian framework, and constructing regulatory necessities and shopper protections into the design from the outset,” mentioned Peter Stanhope, Basic Supervisor for Australia at Nexo.
The launch builds on Nexo's established native presence, together with its function as the primary Official Crypto Associate of the Australian Open, and Nexo Group's place as one of many largest crypto lenders globally, with over US$7 billion in property beneath administration and purchasers in additional than 200 jurisdictions.
1Statista, Share of people who own cryptocurrency in Australia, 2025.
About Nexo
Nexo is a premier digital property wealth platform designed to empower purchasers to develop, handle, and protect their crypto holdings. Our mission is to steer the following era of wealth creation by specializing in buyer success and delivering tailor-made options that construct enduring worth, supported by 24/7 consumer care.
Nexo has operated since 2018 and serves purchasers in additional than 200 jurisdictions. Over US$403 billion has been processed throughout the group since inception. Our all-in-one platform combines superior know-how with a client-first method, providing Nexo Progress, crypto-backed loans, buying and selling instruments, and liquidity options, together with a crypto-backed card in sure markets.
Official web site: nexo.com/au
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Disclaimer: Any data or recommendation supplied is common solely and doesn't take into consideration your aims, monetary state of affairs or wants. Take into account whether or not a product is suitable for you. Borrowing in opposition to digital property entails danger, together with margin name and liquidation danger. The value, worth and liquidity of digital property are extremely risky and topic to market danger. You would lose some or all the worth of your digital property. Earlier than making any choice whether or not to make use of a product, it is best to learn the relevant Phrases of Service and, the place related, the PDS, FSG and TMD out there on the Nexo Australia web site.
Nexo Australia Pty Ltd (ACN 667 513 073) is registered with AUSTRAC as a Digital Asset Service Supplier (Reg. No. DCE100843695-001). AUSTRAC registration is for AML/CTF functions solely and isn't an endorsement.
Credit score merchandise for pure individuals are supplied by Nexo Particular person Loans Pty Ltd (ACN 695 724 737), serviced by Avgi Pty Ltd (ACN 682 656 202) beneath Australian Credit score Licence 567308 and managed by Nexo Australia Pty Ltd (ACN 667 513 073) beneath Credit score Consultant Quantity 580430. Credit score merchandise for company purchasers are supplied by Nexo Loans Pty Ltd (ACN 695 724 442) and managed by Nexo Australia Pty Ltd.
Nexo Australia has lodged an AFSL software with ASIC inside the interval contemplated by ASIC's class no-action place dated 25 June 2026 (ASIC's no-action place) and conducts itself persistently with that place whereas the appliance is into account.