Every trip counts.
Financing India’s invisible workforce.
Nexo turns verified trip income into credit inside EnerZ. Here is how.
Every trip counts.
Nexo turns verified trip income into credit inside EnerZ. Here is how.
Meet EnerZ.
EnerZ is a ride-hailing co-operative owned by its drivers, running an all-electric fleet across six states, from e-scooters to city buses.
Every driver is a member with a vote, more of every fare stays with them, and riders pay with one NCMC card across every mode.
The one thing the drivers still couldn’t get was credit.
Nexo calls it anchor-based lending. One chain, five links, a licensed bank in the middle.
EnerZ vouches for its own driver-members as co-guarantor and programme manager.
NexoSphere reads verified trip income, Account Aggregator, GST and bureau data, and decides in under two minutes.
Muthoot Finance carries the loan on its RBI-licensed books.
A physical and virtual card carries the credit, on the same NCMC rails that collect every fare.
Drives to own the vehicle, with working capital for the uneven weeks in between.
Lease-to-own credit for e-scooters, autos, cars and buses.
One NCMC card across every mode and the transit network.
Co-operative backing means credit decisions in under two minutes.
Nexo stays the tech layer; partners carry the balance sheet.
Built for one co-operative.
Ready for all of them.
The same chain fits any platform that can verify a trip.
As India’s co-operative movement rolls into mobility, from EnerZ to a new wave of government-backed mobility co-operatives, the rails are already laid.
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