Belvo
Open finance API platform for Latin America enabling financial data access and payment initiation in Brazil, Mexico, Colombia.
Our Verdict
Go-to open finance API for LatAm fintechs; outside that region there are better choices.
Pros
- Deepest LatAm open finance coverage available
- PIX and payment initiation in Brazil supported
- Handles Brazil, Mexico, Colombia in one API
- Category-enriched transactions ready for credit models
Cons
- Regional scope excludes US and EU markets
- Bank connector stability varies by country
- Regulatory landscape in region still shifting
- Pricing details require sales conversation
Best for: Fintechs and lenders operating in Brazil, Mexico, or Colombia
Not for: Teams outside LatAm or needing global bank coverage
When to Use Belvo
Good fit if you need
- Open banking data aggregation for LATAM fintech applications
- Bank account verification for payment apps in Mexico and Brazil
- Income and transaction history for credit scoring in LATAM
- PSD2-style account data access for Colombian and Chilean banks
- Connecting users' bank accounts to personal finance apps in LatAm
Lock-in Assessment
Medium 3/5
Lock-in Score 3/5
Pricing
Price wrong?Belvo Pricing
- Pricing Model
- custom
- Free Tier
- No
- Entry Price
- —
- Enterprise Available
- No
- Transparency Score
- —
Beta — estimates may differ from actual pricing
1,000
1001K10K100K1M
Estimated Monthly Cost
$25
Estimated Annual Cost
$300
Estimates are approximate and may not reflect current pricing. Always check the official pricing page.
Community Discussion
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