Belvo vs Method Financial
Belvo
belvo.comMethod Financial
methodfi.comSide by side
| Figure | Belvo | Method Financial |
|---|---|---|
| Price from | $1,000/mo | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 3 | 0 |
| Spec score · Bank Connectivity Software | 8.5 (#3) | 7.3 (#33) |
| Spec score · Financial Data APIs | 8.5 (#3) | 7.3 (#22) |
| Company | Belvo says Pablo Viguera and Oriol Tintoré founded the company in 2019. | Method's legal terms identify the business as Forward Lending, Inc. d/b/a Method Financial. |
| Founded | 2019 | 2021 |
| Integrations | Belvo says its platform connects with retail and business bank accounts and official employment and fiscal records. | Method lists SoFi, Bilt, Aven, Happy Money, and Cleo as companies using its products in customer examples. |
| Payments | Its payment offerings include recurring direct debit collections in Mexico and one-tap Pix payments in Brazil. | Method Pay supports loan payoff, bill payment, and balance transfers, with payment tracking from pending to posted. |
| Product | Belvo provides open finance infrastructure for companies to connect to users’ accounts, understand financial data, and move money. | Method provides connectivity to consumer credit and liability accounts with embedded payments, real-time account data, and one-click checkout. |
| Security | Belvo says data at rest is encrypted with AES 256 and RSA 2048, while data in transit uses TLS 1.2 with TLS 1.3 supported. | Method's Trust Center lists CCPA, GLBA, PCI DSS, and SOC 2 Type 2 compliance frameworks and certifications. |
| Support | The pricing page lists standard support by email and premium support through Slack and video conference. | Method directs users to [email protected] for more comprehensive security and compliance information and Trust Center help. |
Plans
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.
Method Financial
Method Financial has no write-up on Specifiction yet; its figures are above.