Wallets/belvo
Belvo
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Overview
Belvo is Latin America's leading open finance data + payments platform [1, 2, [global-cro]]. Distinctive scale:
- 50+ million individuals + businesses connected via Belvo-powered apps
- ~2 million A2A payment transactions monthly → $500M+ annualized TPV
- 150+ enterprise customers including BBVA + Banamex + Bradesco + Santander + Mercado Libre + Creditas
- 5 LATAM countries: Mexico + Brazil + Colombia + Argentina + Chile
2025 milestones [3]:
- April 2025 — $15M new funding (Quona Capital lead + Kaszek + Kibo + Future Positive + Citi Ventures + Y Combinator).
- Cumulative funding: $43M Series A + $15M April 2025 = ~$58M.
- AI strategy: Funds support next-gen financial services in LATAM via AI-powered Open Finance.
Belvo is LATAM's Plaid + GoCardless equivalent — a single API to data + payments across LATAM banks + financial institutions.
History
2019 — Belvo founded [2] by Pablo Viguera + Oriol Tintoré in Barcelona/Mexico City.
2020 — Y Combinator + Founders Fund-led seed + first LATAM launches.
2021 — $43M Series A + Mexico/Brazil/Colombia expansion.
April 2025 — $15M new funding (Quona Capital lead) [3].
2025 — 50M+ individuals/businesses + ~2M monthly A2A payments + 150+ customers + 5 LATAM countries [1].
Ownership & operator
Operating entity: Belvo.
Co-founders: Pablo Viguera (CEO) + Oriol Tintoré.
Major investors: Quona Capital (lead April 2025), Kaszek, Kibo Ventures, Future Positive, Citi Ventures, Y Combinator, Founders Fund.
Regulators: Per-country LATAM open-banking regulators — CNBV (Mexico primary) + BCB (Brazil) + Banco de la República (Colombia) + per-country.
Technical integration
| Layer | Description |
|---|---|
| Channels | API integration (B2B-only; no consumer-facing app) |
| Identifiers | Bank account |
| Type | LATAM Open Finance data + A2A payments platform |
| Coverage | MX + BR + CO + AR + CL |
| Customer base | 150+ enterprise (BBVA + Banamex + Bradesco + Santander + Mercado Libre + Creditas) |
| Data shares | Banking + fiscal + employment data securely |
| A2A payments | ~2M monthly tx + $500M+ annualized TPV |
Users & growth
- Individuals + businesses connected: 50+ million via Belvo-powered apps
- A2A monthly transactions: ~2 million
- Annualized TPV: $500+ million
- Enterprise customers: 150+
- April 2025 funding: $15M
- Cumulative funding: ~$58M ($43M Series A + $15M Apr 2025)
Use cases
LATAM open-finance data aggregation (banking + fiscal + employment) for credit scoring + financial-management apps; A2A payments via Belvo's payment-platform; enterprise BBVA + Banamex + Bradesco + Santander + Mercado Libre + Creditas LATAM-data-and-payments infrastructure.
Implementations & partners
Operator: Belvo (Pablo Viguera CEO + Oriol Tintoré).
Major investors: Quona Capital (lead Apr 2025), Kaszek, Kibo Ventures, Future Positive, Citi Ventures, Y Combinator, Founders Fund.
Major enterprise customers: BBVA, Banamex, Bradesco, Santander, Mercado Libre, Creditas + 144 others.
Major LATAM open-finance + A2A competitors:
- Plaid LATAM expansion (US open-banking aggregator)
- Stitch (US open-banking)
- TrueLayer (UK PSD2-anchored)
- Prometeo (LATAM open-banking)
- [[trustly]] (European Pay-by-Bank A2A; global)
- GoCardless (UK + global Direct Debit)
Regulators: CNBV (Mexico primary) + BCB (Brazil) + per-country LATAM.
Fun facts
- LATAM's leading open finance data + payments platform.
- 50M+ individuals + businesses connected via Belvo-powered apps.
- 150+ enterprise customers including BBVA + Banamex + Bradesco + Santander + Mercado Libre + Creditas.
- 5 LATAM countries: MX + BR + CO + AR + CL.
- Co-founders: Pablo Viguera + Oriol Tintoré.
- April 2025 $15M funding led by Quona Capital — AI strategy boost.
- Founders Fund + Y Combinator-backed (early-stage Silicon Valley).
- Distinctive LATAM-Plaid + GoCardless equivalent.
Comparison
| Feature | Belvo | Plaid (US analogous data aggregator) | TrueLayer (UK PSD2 analogous) | [[trustly]] (European Pay-by-Bank A2A) | Prometeo (LATAM rival) |
|---|---|---|---|---|---|
| Operator | Belvo (Pablo Viguera CEO + Oriol Tintoré; Quona + Kaszek + Kibo + Citi + YC + Founders Fund backed) | Plaid Inc. | TrueLayer | Trustly Group AB (Sweden; Nordic Capital majority) | Prometeo |
| Type | LATAM Open Finance data + A2A payments platform | US + global open-banking data aggregator | UK + EU open banking | European Pay-by-Bank A2A processor | LATAM open-banking |
| Country | MX + BR + CO + AR + CL | US + global | UK + EU + AU + BR | 30+ European markets | LATAM |
| Connected accounts | 50M+ via Belvo-powered apps | 8K+ apps/companies | 1M+ businesses | 650M+ reachable consumers via 12K+ banks | Major LATAM |
| Customers (B2B) | 150+ enterprise (BBVA + Banamex + Bradesco + Santander + ML + Creditas) | Thousands of US fintechs | Major UK + EU | 9K+ merchants global | LATAM fintechs |
| Distinctive | LATAM-Plaid + GoCardless equivalent; Apr 2025 $15M AI strategy; Founders Fund + YC backed | Visa $5.3B acq blocked 2021 | UK open-banking infra | 120M+ users 2025 milestone | Direct LATAM competitor |
Status
Active, LATAM's leading open finance data + payments platform [1, 3]:
- Belvo since 2019.
- 50M+ individuals/businesses connected + 150+ enterprise customers + ~2M monthly A2A tx + $500M+ annualized TPV.
- 5 LATAM countries: MX + BR + CO + AR + CL.
- April 2025 $15M funding (Quona Capital lead) + ~$58M cumulative.
- CNBV + BCB + per-country LATAM regulated.
Sources
- 1 Belvo — official
- 2 Belvo — Tracxn
- 3 Belvo $15M Apr 2025 — Belvo blog
- 4 Belvo $43M Series A — Belvo blog
- [global-cro] In-corpus: see country reports across MX/BR/CO/AR/CL
Source
Biography extracted from belvo.md. See matrix.md for standards-support matrix if present.