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Belvo
Belvo is a leading open finance data and payments platform based in São Paulo, Brazil, with additional offices in Mexico City and Barcelona. Founded in 2019, the company acts as a technological intermediary, connecting innovative financial companies with the institutions that store user data. Belvo has raised over $71 million in funding from notable investors such as Visa and Quona. The company offers a robust open finance API platform that includes services like data aggregation, identity verification, credit scoring, and account-to-account payments. Key products include the Connect Widget for linking financial accounts, Discover Analytics for analyzing financial behavior, a secure Connect Page for sharing data, and a Payments Dashboard for managing transactions. Belvo primarily serves fintechs, financial institutions, and developers, helping over 150 enterprise customers enhance their underwriting and KYC processes. The platform processes nearly two million transactions monthly, with an annualized value exceeding $500 million.
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$18M