Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 3 companies across 2 categories.
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Founded in 2019 as a Plaid-for-LatAm open finance data aggregator, Belvo expanded from pure banking data aggregation into payment initiation (Pix in Brazil, direct debit in Mexico) and credit/risk insights. In 2026 the company rebranded around an AI-driven platform positioning, signaling a shift from raw API access to higher-margin enriched data products and account-to-account payment infrastructure. The strategic question is whether Belvo can leverage open finance regulation in Brazil and Mexico to become the dominant payments rail across Latin America before global competitors localize.
Other Open Banking providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.
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alt="Ranked #33 of 87 in Open Banking — Embedded Finance Index 2026">
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<img src="https://www.embeddedfinanceindex.com/api/badge/belvo/install" width="1" height="1" alt="" style="display:none">3 companies are linked to Belvo in the Embedded Finance Index 2026, through their own public disclosures or Belvo's published customer list, including Caixa Economica Federal, Bradesco Prime and Banco BS2.
Belvo is an embedded-finance provider in Open Banking and Transaction Enrichment. It ranks #33 of 87 Open Banking providers by linked companies.
The most-named Open Banking alternatives to Belvo are Plaid (296 buyers), Salt Edge (59 buyers), GoCardless (57 buyers), MX (56 buyers), TrueLayer (43 buyers) and Tink (41 buyers).
Belvo was founded by Pablo Viguera and Oriol Tintoré and is founded in 2019, headquartered in Mexico City, Mexico (also São Paulo, Brazil).
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