# belo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/belo

- Industry: Financial Services
- Headquarters: Montevideo, Uruguay
- Website: www.belo.app
- Total disclosed funding: $14M
- Latest round: Series A (Apr 29, 2026)
- Investors on record: 5

## About

Based in Uruguay, belo is a financial technology company that offers innovative digital payment solutions, enabling seamless international transactions and currency exchanges for a diverse clientele. Founded in 2020, belo operates from Montevideo, Uruguay, providing a digital wallet and payment platform for international money transfers and currency exchanges. Manuel Beaudroit is the co-founder and serves as the CEO of the company. The company has raised a total of USD 14.00mn in a Series A funding round on April 2026, led by Tether Ventures and supported by G2 Venture Partners, Mindset Ventures, TheVentureCity, and Titan Capital. The company focuses on enhancing cross-border transaction efficiency. belo is positioned as a financial technology company that focuses on providing seamless monetary transactions across borders. Its core offerings include a digital wallet and a payment platform that facilitate international money transfers, currency exchanges, and electronic payments without the traditional barriers associated with international banking systems. The platform is designed to serve a diverse clientele, including individual consumers, expatriates, and small to medium-sized enterprises (SMEs) looking for efficient and cost-effective solutions for cross-border transactions. Users benefit from features such as real-time currency conversion and low transaction fees, with the aim of enhancing financial accessibility and convenience. The company has been expanding into various geographical markets, particularly in regions with high expatriate populations and growing economies, such as Southeast Asia, Europe, and Latin America.belo generates revenue through a transactional fee structure that applies to its services, including its digital wallet and payment platform. The firm engages in direct-to-consumer transactions, allowing users to transfer funds and make payments at competitive rates. Typical customer interactions involve users loading funds into their digital wallets, initiating transfers, and paying for goods or services through the platform. The company offers tiered pricing models based on transaction volume and service usage, catering to both individual users and businesses. Additional revenue streams may include partnerships with financial institutions and service providers that integrate belo's payment solutions into their offerings, further solidifying its market presence. The flagship services of belo encompass international money transfers and currency exchange, which are integral to its operational framework and customer engagement strategy. In April 2026, belo raised USD 14.00 mn in Series A funding, which will be utilized to expand into new Latin American markets and strengthen its payment infrastructure for cross-border transactions. The company plans to design and launch new products aimed at enhancing user experience in the near future, further broadening its service portfolio.

## Funding rounds

- Series A, Apr 29, 2026, $14M — Mindset Ventures, G2 Venture Partners, TheVentureCity, Titan Capital, Tether Ventures

## Investors

- Mindset Ventures (https://capitalatlas.ai/funds/mindset-ventures) — Series A
- G2 Venture Partners (https://capitalatlas.ai/funds/g2-venture-partners) — Series A
- TheVentureCity (https://capitalatlas.ai/funds/theventurecity) — Series A
- Titan Capital — Series A
- Tether Ventures (https://capitalatlas.ai/funds/tether-ventures) — Series A