BaaS ProviderActiveEst. 2019

Belvo

MX · Mexico City, Mexico · N/A — open finance platform

Belvo is a BaaS Provider based in MX (Mexico City, Mexico), regulated by N/A — open finance platform. The institution operates an active Banking-as-a-Service program, launched in 2019.

Belvo supports the following products and services: Open Banking, Payments, KYC/AML. The bank serves customers across Mexico, Brazil.

Notable fintech partners include Clip, BBVA, Bradesco, Santander, Mercado Libre, Creditas.

Profile
Products Supported
Open BankingPaymentsKYC/AML
Geographies Served
Mexico, Brazil
Charter / Regulator
N/A — open finance platform
API Standards
REST API
Minimum Deal Size
Not publicly disclosed
Year Program Launched
2019
Notable Fintech Partners

Clip, BBVA, Bradesco, Santander, Mercado Libre, Creditas

Regulatory Actions Summary

None confirmed active

Notes

$15M funding (Apr 2025). 150+ clients. ~2M account-to-account transactions/month.

$500M+ annualized TPV. 150M+ data connections in Brazil. Y Combinator alumni.

Related Deals (1)
funding

Belvo Raises $43M Series A to Scale Open Finance APIs in LatAm

Belvo, a Latin American open finance API platform often called 'LatAm's Plaid,' raised $43 million in a Series A round. Investors included Kaszek, Future Positive, Kibo Ventures, FJ Labs, MAYA Capital, VentureFriends, and angels such as Nubank's David Vélez and Wise's Harsh Sinha. The round was the largest Series A for a LatAm fintech at the time per Crunchbase data. The funding will help Belvo scale its developer-first API that connects apps to bank accounts, tax authorities, and gig platforms across Mexico, Brazil, and Colombia.

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Belvo dealsBelvo regulatory actionsMore banks in MXBrowse full registry
Links
Official Website BaaS Program
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