Belvo
Latin America is where Belvo stands apart, offering bank connectivity built for local institutions and open finance realities rather than a US-centric footprint. If the core requirement is linking consumer bank accounts across LATAM, Belvo is purpose-built to make consented access to accounts and transactions feel native in the region.
Beyond basic aggregation, Belvo layers in enrichment so raw banking data is easier to interpret for underwriting, personal finance features, and risk workflows. That focus helps teams move faster from “data access” to “data you can actually use,” which can reduce the amount of custom normalization needed compared with a more general-purpose provider.
Belvo is also a fit when account-to-account payment initiation is part of the roadmap, aligning bank connectivity and pay-by-bank style flows in a single regional platform. The trade-off versus Plaid is that the value is strongest when LATAM coverage and local support matter most, rather than optimizing for Plaid’s deepest comfort zone in its core markets.
Best for
Ideal for fintechs operating in Latin America that need permissioned bank data and local open finance capabilities.
Standout features
- ✓LATAM-first bank connectivity
- ✓Accounts and transactions aggregation
- ✓Data enrichment for underwriting
- ✓Payment initiation where supported
