Belvo

SoftwareSeries AMexico City, Mexicobelvo.com

Latest round

Series A

Last raised

Jun 2021

Total raised

$55M

Investors

13

About Belvo

Founded in 2019, Belvo operates out of Mexico City, Mexico, providing open finance solutions that empower businesses to access financial data. Its founders, Pablo Viguera and Uri Tintore, have previously engaged in entrepreneurial ventures.Belvo is a leading open finance data and payments platform in Latin America, specializing in innovative solutions that empower businesses to connect with their users’ financial data seamlessly. The core offerings of Belvo include aggregation, enrichment, and payment services that allow users to securely access and analyze financial information from various sources, including banking, employment, and fiscal data. This platform enables companies to verify income, assess risk, and enhance credit decisions in real-time, catering primarily to industries such as banking, lending, e-commerce, and personal finance management. Belvo's solutions are designed for a diverse clientele, including financial institutions, fintech companies, and digital wallets, with significant operations in markets such as Mexico, Brazil, and Colombia.Belvo generates revenue primarily through its transaction-based model, which encompasses various services offered to its clients. The company engages in B2B partnerships with financial institutions and fintech companies, providing them with the tools necessary to access and utilize financial data effectively. Clients typically subscribe to Belvo's platform, which includes flagship products like the Connect Widget and Payments Dashboard, allowing for swift integration and payment processing capabilities. The pricing structure is tailored to the needs of each client, with fees associated with the volume of transactions processed and the range of data services utilized.00 mn to accelerate the expansion of its platform and market reach. The company aims to launch new products that enhance its service offerings in the coming months. Additionally, Belvo is targeting expansion into new markets, focusing on enhancing its presence in countries beyond its current reach by the end of 2025.

Who invested in Belvo

13 investors across 3 rounds

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Funding rounds

  1. Series A

    Jun 1, 2021

    Amount

    $43M

    Investors

    Locked

  2. Seed

    May 29, 2020

    Amount

    $10M

    Investors

    Locked

  3. Seed

    Jan 15, 2020

    Amount

    $1.5M

    Investors

    Locked

Questions about Belvo

Who invested in Belvo?

Belvo has 13 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Belvo raised?

Belvo has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Belvo last raise money?

Belvo's most recent round on record is a Series A, in Jun 2021.

What does Belvo do?

Founded in 2019, Belvo operates out of Mexico City, Mexico, providing open finance solutions that empower businesses to access financial data.

Where is Belvo headquartered?

Belvo is headquartered in Mexico City, Mexico.

Which VCs invest in companies like Belvo?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Belvo's stage. Their profiles are linked below.

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