# Belvo

> Source: https://docs.barcoder.ai/docs/wallets/belvo
> research date 2026-05-29 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Belvo — official](https://belvo.com/)

## Overview

**Belvo** is **Latin America's leading open finance data + payments platform** <sup>[1][1], [2][2], [global-cro]</sup>. 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** <sup>[3][3]</sup>:
- **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** <sup>[2][2]</sup> 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)** <sup>[3][3]</sup>.

**2025 — 50M+ individuals/businesses + ~2M monthly A2A payments + 150+ customers + 5 LATAM countries** <sup>[1][1]</sup>.

## 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

**2025 baseline** <sup>[1][1], [3][3]</sup>:
- **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](https://docs.barcoder.ai/docs/wallets/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](https://docs.barcoder.ai/docs/wallets/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** <sup>[1][1], [3][3]</sup>:
- **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]: https://belvo.com/ "Belvo — official"
[2]: https://tracxn.com/d/companies/belvo/__BJKrJJG_IfnX3PmJGwnk8iwbHdGPG3Lumk1rxX0jucY "Belvo — Tracxn"
[3]: https://belvo.com/blog/belvo-secures-15-million-in-new-round-of-funding-open-finance-latin-america/ "Belvo $15M Apr 2025 — Belvo blog"
[4]: https://belvo.com/blog/belvo-raises-series-accelerate-the-expansion-open-finance-platform-across-latin-america/ "Belvo $43M Series A — Belvo blog"

- [1] [Belvo — official][1]
- [2] [Belvo — Tracxn][2]
- [3] [Belvo $15M Apr 2025 — Belvo blog][3]
- [4] [Belvo $43M Series A — Belvo blog][4]
- [global-cro] In-corpus: see country reports across MX/BR/CO/AR/CL

## Source

Biography extracted from [belvo.md](https://docs.barcoder.ai/source/wallets/belvo). See `matrix.md` for standards-support matrix if present.