Belvo

Belvo is a Latin American open finance platform founded in 2019 by Pablo Viguera and Oriol Tintore, headquartered in Mexico City with an office in Sao Paulo. It was created because lenders and fintechs in the region could not reliably assess customers with no credit bureau history, and it gives them consent-based access to bank, payroll and tax data through one API covering Mexico, Brazil and Colombia.

The platform combines data products with money movement. Data APIs cover banking transactions, account ownership verification, employment and payroll records, fiscal data from the Mexican SAT, and derived income and risk indicators. Payment products cover direct debit, Pix-based smart transfers and biometric payments in Brazil, plus smart collections for recurring billing. Belvo reports more than 80 million connected accounts, over 3 billion transactions analysed and around 1 billion US dollars of annualised total payment volume, and lists Nubank, iFood, Adyen and Alipay among its customers. It holds ISO 27001 and PCI DSS certification.

1. Banking Data API: Pulls transaction history, balances and account ownership from banks in Mexico, Brazil and Colombia.

2. Employment and fiscal data: Retrieves payroll records and Mexican SAT tax data to verify declared income.

3. Income and risk insights: Converts raw statements into categorised income, expense and affordability indicators for underwriting.

4. Payment initiation: Supports Pix smart transfers, direct debit and biometric payments for collection in Brazil.

5. Smart Collections: Automates recurring billing and retries against consented bank accounts.

6. Coverage: Over 80 million connected accounts and more than 3 billion transactions analysed across three markets.