Belvo review
A broad bank connectivity stack for data, insights, and payments across Latin America.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Belvo provides open finance APIs for companies connecting users’ financial data, analyzing banking activity, verifying income, and initiating account-to-account payments in Latin America. Its platform is designed for web and API-based products, with hosted account linking through the Connect Widget, webhook-based asynchronous retrieval, and scheduled data refreshes. Coverage includes banking information in Brazil, employment information in Brazil and Mexico, fiscal information in Mexico and Chile, and payment initiation in Brazil and Mexico.
The plan structure gives teams a clear path from evaluation to production. Sandbox is free and includes a sandbox environment, full API access for testing, unlimited testing, a customizable Connect Widget, and a no-code solution. Launch costs 1,000 USD/month and adds a production environment, beta products, and standard support. Growth includes the full suite of Open Finance solutions, a dedicated account manager, and volume-based pricing discounts, with custom pricing. This makes Sandbox suitable for early technical validation, while Launch and Growth target production deployments with increasing support and platform scope.
Belvo’s main strength is breadth: products can combine account and transaction aggregation with income-source insights, recurring expense detection, risk insights, investment data, and payment initiation. Connection methods include a Hosted Widget, API, regulated Open Finance consent flow, and institution credentials. The trade-off is geographic and institutional scope; teams need to align their target markets and institutions with the available coverage. Choose Belvo when a Latin American product needs multiple financial data and payment capabilities in one platform. A narrower connectivity service may be a better fit for teams serving markets outside its stated regional coverage or requiring only one data type.
Belvo pros and cons
- Where it wins
- Free Sandbox includes unlimited testing and the full API
- Hosted Connect Widget, webhooks, and consent flows support account linking
- Covers banking, income, investments, risk, recurring expenses, and payments
- Where it doesn't
- Launch costs 1,000 USD/month
- Growth pricing is custom
- Coverage and payment capabilities vary by country and institution
Belvo fact sheet, pricing and score →
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