Belvo vs finAPI
Belvo
belvo.com
finAPI
finapi.ioSide by side
| Figure | Belvo | finAPI |
|---|---|---|
| Price from | $1,000/mo | €60/mo |
| Free plan | Yes | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 3 | 4 |
| Spec score · Bank Connectivity Software | 8.5 (#3) | 8.1 (#10) |
| Founded | 2019 | 2008 |
| Headquarters | Mexico City, Mexico; São Paulo, Brazil | Munich, Germany |
| Hosting | Belvo says its platform is hosted on AWS and configured for high availability. | The company says it uses servers located in Germany. |
| Integrations | Belvo says its platform connects with retail and business bank accounts and official employment and fiscal records. | The Banking API includes connections through XS2A, FinTS/HBCI, web scraping and financial service provider APIs; its Access packages also list PayPal API connections. |
| Payments | Its payment offerings include recurring direct debit collections in Mexico and one-tap Pix payments in Brazil. | The Payment API supports SEPA transfers, collective transfers, standing orders, scheduled transfers, instant payments, direct debits and collective direct debits. |
| Support | The pricing page lists standard support by email and premium support through Slack and video conference. | The pricing page says standard support and shared hosting are included with the SaaS licence; premium support, project support, consulting and dedicated hosting are available on request. |
Plans
finAPI
- Access B2C — basic licence, up to 200 users€60 a month
- Data Intelligence PG A — basic licence to 200 calls€80 a month
- finAPI Demobank Lite€99 a month
- Access B2X — basic licence, up to 200 users€100 a month
In their own words
Belvo
Belvo provides open finance infrastructure for companies connecting customer accounts, interpreting financial data, and moving money in Latin America. It connects retail and business bank accounts with official employment and fiscal records. Banking data includes real-time account information and up to 24 months of standardized, categorized transactions. Additional data features cover transaction categorization, income verification, recurring expense detection, and risk insights. Payment products include recurring direct debit collections in Mexico and one-tap Pix payments in Brazil. Developers can build integrations through the API, developer hub, quickstart guide, and API reference. Connection methods include a hosted widget, API, regulated open finance consent flow, and institution credentials; refreshes are scheduled. Data is encrypted with AES 256 and RSA 2048 at rest and TLS 1.2 in transit, with TLS 1.3 supported. Belvo lists ISO/IEC 27001:2022 certification and PCI DSS Level 1 compliance. Sandbox access is free; production requires a paid plan. Launch costs $1,000 a month, while Growth pricing is custom.