Belvo

Mexicofintech

Belvo is an open finance platform that enables businesses to connect to users' financial accounts, access and understand financial data, and initiate payments. It solves the problem of fragmented financial data by providing APIs for banking, employment, fiscal records, and recurring expenses, as well as services like account verification, income verification, transaction categorization, and risk insights. Its payment offerings include direct debit in Mexico, biometric Pix in Brazil, and smart collections. Belvo serves banks, financial services, lenders, insurers, e-commerce, digital wallets, and iGaming companies, primarily in Mexico and Brazil. The company has raised $15 million from investors including Quona Capital, Kaszek, Kibo Ventures, Future Positive, Citi Ventures, and Y Combinator, and has partnered with Ualá to expand credit access.

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