Belvo

Belvo

An open banking platform that enables any company or developer to access and interpret their end-user’s financial information. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€156—235m (Dealroom.co estimates Jun 2021.)
Mexico City Mexico (HQ), Barcelona Catalonia (founding location)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2020202120222023
Revenues3.0m8.6m37.8m38.8m
% growth-187 %339 %3 %
  • Edit

Recent News about Belvo

Edit
More about Belvo
Edit

Belvo is a financial technology startup that operates in the Latin American market. The company's primary service is to provide a platform that allows businesses to connect to their customers' financial data securely and efficiently. This connection enables businesses to understand their customers' financial behavior better, offer personalized products, and facilitate instant payments.

Belvo's clients are primarily financial institutions and innovators looking to streamline their operations and generate new revenue streams. The company's platform provides access to a wide range of financial data sources, including banking and non-banking data. This comprehensive data access allows businesses to get a full picture of their customers' financial activities.

The company also offers machine learning models that translate raw data into actionable insights. These insights include categorized transactions, income predictions, recurring expenses, and risk assessments. This feature allows businesses to make quicker decisions and save time on data analysis.

Belvo's platform also enables seamless money transfers, improving processes in credit risk and lending, personal finance, accounting, and onboarding. The platform's data enrichment capabilities allow businesses to improve their credit scoring and underwriting models, increase conversion rates, and help their customers make smarter financial decisions.

Belvo operates under strict security and reliability standards, including ISO 27001, and holds regulatory licenses. The company's proprietary technology and connections with over 60 institutions make it the fastest and most comprehensive financial data aggregation solution in Latin America.

Keywords: Financial Technology, Data Aggregation, Machine Learning, Financial Institutions, Personalized Products, Instant Payments, Credit Scoring, Underwriting Models, Data Enrichment, Latin America.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by Belvo

Edit
Skilopay
ACQUISITION by Belvo Apr 2023