Empowering financial institutions with cutting-edge data and payment solutions
Highlights:
- Belvo raises $15M to expand its Open Finance product suite and enhance AI capabilities.
- The platform supports over 150 clients, including major banks and digital players in Mexico and Brazil.
- Belvo’s solutions aim to democratize access to financial services for millions across Latin America.
Summary: Belvo, a leading Open Finance platform in Latin America, has successfully raised $15 million in funding led by Quona Capital, with participation from Citi Ventures and other investors. The funds will be used to expand Belvo’s product offerings, including advanced data and payment solutions, and to scale its AI capabilities.
Serving over 150 clients, such as BBVA and Mercado Libre, Belvo enables financial institutions to access and interpret end-user financial data and initiate account-to-account payments. With over 50 million individuals and businesses connected to its platform, Belvo is driving financial inclusion and innovation across the region. This investment marks a significant milestone in Belvo’s mission to democratize access to financial services.
