What is Belvo?
Founded in 2020, Belvo operates as a sophisticated open finance API provider with a strategic footprint spanning São Paulo, Barcelona, and Mexico City. The company specializes in enabling developers and financial institutions to access and interpret financial data through a unified interface. By streamlining the integration process, Belvo empowers its clients to build innovative financial products, ranging from credit scoring models to automated accounting tools. Its market position is defined by its ability to navigate the fragmented financial landscapes of emerging markets, providing a reliable, secure, and scalable infrastructure that serves as the backbone for the next generation of fintech services.
How much funding has Belvo raised?
Belvo has raised a total of $58M across 2 funding rounds:
Series A
$43M
Other Financing Round
$15M
Series A (2021): $43M with participation from Kibo Factory, FJLabs, VentureFriends, David Vélez, Maya Capital, Harsh Sinha, and Future Positive
Other Financing Round (2025): $15M led by Future Positive, Y Combinator, and Kibo
Key Investors in Belvo
Kibo Ventures
A European technology investment platform that supports entrepreneurs with bold ideas by investing in early-stage startups and helping them scale globally.
VentureFriends
An early-stage venture capital firm focused on supporting ambitious European founders in building category-defining companies through mentorship and strategic support.
Maya Capital
An early-stage fund focused on supporting bold leaders who are driving change in Latin America by helping teams secure their first venture rounds.
What's next for Belvo?
With this latest strategic backing, Belvo is well-positioned to accelerate its product roadmap and deepen its market penetration in key regions. The company is expected to focus on enhancing its API capabilities, potentially expanding its suite of data enrichment tools to provide more granular insights for its enterprise clients. Furthermore, the infusion of capital will likely support the scaling of its engineering and commercial teams, ensuring that Belvo remains at the forefront of the open finance revolution. As the regulatory landscape for data sharing continues to evolve, Belvo's commitment to security and compliance will be paramount in maintaining its competitive advantage and fostering long-term partnerships with major financial institutions.
See full Belvo company page
