Belvo

Belvo operates an open finance data and payments platform for Latin America. Its data products let client applications connect to end users' banking data, verify income and employment history, and assess financial health using fiscal information such as invoice history and financial statements. Alongside raw data access, the platform provides AI-powered insights intended to give clients a consolidated view of a customer's financial activity.

On the payments side, Belvo offers account-to-account products including direct debit for recurring bank payments, biometric payments that use one-tap native bank authentication at checkout, and smart transfers that automate recurring payments via Pix. The company also offers Belvo MCPs, which connect AI agents to open finance capabilities.

Common use cases promoted by the company include credit underwriting based on verified income and full financial history, checkout conversion optimisation through one-tap bank payments with biometric approval, faster user onboarding via instant validation of account ownership and financial details, and recurring revenue collection directly from bank accounts to reduce card-related churn and payment defaults.

Business model

Belvo supplies API-based financial data connectivity, insights and payment processing to business clients, which embed these capabilities in their own applications.

Traction

The company reports more than 80 million accounts connected through Belvo-powered applications, more than 3 billion transactions processed and analysed, and approximately USD 1 billion in annualized total payment volume, and cites client cases including a reported doubling of loan approvals.