Belvo news and trends

Belvo Granted IFPE License for Payments in Mexico
Digital Payments // June 30, 2022

Open finance application programming interface (API) startup Belvo has received an Institution of Electronic Payment Funds (IFPE) license enabling it to develop payment initiation solutions in Mexico. The authorization for the license from the National Banking and Securities Commission (CNBV) gives Belvo the ability to...

Visa Among Belvo’s Recent Investors
Investments // December 07, 2021

Visa was among the investors in Latin American open finance API platform Belvo during the recent Series A fundraising round that brought in $43 million for the company. Belvo works with more than 50 financial institutions and more than 125 clients — including FinTech and...

Bank Customers Are More Trusting When FIs Use ‘Zero Data’ Approach
Security & Fraud // August 19, 2021

Whether it’s consumers getting comfortable with a new payments experience or a large financial institution (FI) getting comfortable sharing data with FinTechs, there’s one constant that needs to be in place to make it all happen; trusted infrastructure. Those pipes — connecting old rails with...

Today In Payments Around The World: wefox Lands $650 Million; sennder Notches $80 Million
International // June 02, 2021

In today’s top payments news around the world, digital insurance firm wefox raised $650 million in financing, while freight forwarder sennder landed an additional $80 million. Plus, open banking platform Belvo notched $43 million. European Insurance Unicorn Wefox Notches $650 Million At $3 Billion Valuation...

Interviews & Exclusives
Bank Customers Are More Trusting When FIs Use ‘Zero Data’ Approach

August 19, 2021
Whether it’s consumers getting comfortable with a new payments experience or a large financial institution (FI) getting comfortable sharing data with FinTechs, there’s one constant that needs to be in place to make it all happen; trusted infrastructure. Those pipes — connecting old rails with new, leveraging application programming interfaces (APIs) to deliver innovation — […]

Quick Reads
Belvo Acquires Skilopay to Add Pix Payment Services in Brazil

April 25, 2023
Belvo has acquired Skilopay to expand its payment product offering in Brazil. With the purchase, Skilopay’s payment services through Pix will be added to Belvo’s open finance data and payments platform, the companies said in a Tuesday (April 25) press release emailed to PYMNTS. “Thanks to Skilopay’s expertise around Pix payments, we are now able […]

Belvo Granted IFPE License for Payments in Mexico

June 30, 2022
Open finance application programming interface (API) startup Belvo has received an Institution of Electronic Payment Funds (IFPE) license enabling it to develop payment initiation solutions in Mexico. The authorization for...

Visa Among Belvo’s Recent Investors

December 07, 2021
Visa was among the investors in Latin American open finance API platform Belvo during the recent Series A fundraising round that brought in $43 million for the company. Belvo works...

Belvo Nets $43 Million In Series A Financing To Expand Open Finance Platform In LatAm

June 01, 2021
Latin American open banking platform Belvo has raised $43 million in a Series A funding round, according to a company blog post. The money will be used to accelerate the...