What is Belvo?
Founded in 2020 and operating across São Paulo, Brazil, Barcelona, Spain, and Mexico City, Mexico, Belvo provides a data-driven open finance API. The company enables businesses to access and manage financial data through a unified API, facilitating innovation in financial services. Its strategic positioning in key Latin American and European markets allows it to serve a diverse client base seeking to leverage open banking initiatives.
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 Future Positive, Harsh Sinha, Maya Capital, VentureFriends, FJLabs, Kibo, and David Vélez
Other Financing Round (2025): $15M led by Y Combinator, Future Positive, and Kibo
Key Investors in Belvo
Y Combinator
Y Combinator is a renowned startup accelerator that provides seed funding and mentorship to early-stage companies, known for its rigorous selection process and successful portfolio.
Future Positive
Future Positive is an investment entity that operates within the technology and startup ecosystem, providing capital to promising ventures.
Kibo
Kibo Ventures is a European technology investment platform that supports entrepreneurs with bold ideas by investing in early-stage startups and helping them scale globally, emphasizing a hands-on approach.
What's next for Belvo?
The recent major strategic investment signals Belvo's readiness for accelerated expansion and product development. With substantial backing, the company is poised to enhance its API capabilities, broaden its market reach within Latin America and Europe, and potentially explore new verticals within the fintech ecosystem. This enterprise-level funding will likely fuel further innovation in data aggregation and analytics, solidifying Belvo's position as a key player in the open finance landscape.
See full Belvo company page
