Belo
“Can a LatAm wallet become the default cross-border account for freelancers by stitching together stablecoin rails and traditional FX corridors?”
HQMontevideo, Uruguay (Gralcey S.A.)
FoundersManuel Beaudroit
Total raised$3M
IndustryFintech / Cross-border payments
The story
Belo is a Uruguay-incorporated, Argentina-centric fintech that started as a crypto wallet and evolved into a borderless multi-currency account targeting freelancers and remote workers across LatAm. The product combines stablecoin rails (USDC/USDT via Bridge and Conduit), traditional FX corridors (ACH/SEPA payouts via Payoneer, Wise, Vita Wallet), and a local Argentine prepaid Mastercard. The OpenTrade partnership in 2025 marks a move toward stablecoin yield as a treasury/product feature.
Product timeline
0
Belo launched as a LatAm crypto-fiat wallet for freelancers and remote workers, operated by Gralcey S.A. (Uruguay)· banking
2025
Partnered with OpenTrade to launch USDC & USDT yield products across LatAm· banking
2026
Added Conduit and Bridge integrations for stablecoin payment rails· pivot
The stack
5 layers disclosed in Belo’s embedded-finance stack
Payments / PSP
Belo wallet (self-operated)Pix (Brazil)QR Payments (Argentina, Peru, Bolivia)
Money movement
in the full report
Banking / BaaS
in the full report
FX & payouts
in the full report
Crypto
in the full report
Accounting gap: minor
11 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.