Belvo vs Statement
Belvo
belvo.com
Statement
statement.ioSide by side
| Figure | Belvo | Statement |
|---|---|---|
| Price from | $1,000/mo | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | — |
| Plans published | 3 | 0 |
| Spec score · Bank Connectivity Software | 8.5 (#3) | 6.9 (#42) |
| Integrations | Belvo says its platform connects with retail and business bank accounts and official employment and fiscal records. | Statement says it connects banks, ERPs, and core finance tools, and supports two-way ERP sync. |
| Product | Belvo provides open finance infrastructure for companies to connect to users’ accounts, understand financial data, and move money. | Statement describes itself as an AI-native treasury automation platform for cash visibility, forecasting, reconciliation, and insights. |
| 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. | The Bank Connectivity page says Statement is SOC-I, SOC-II, GDPR, and ISO-27001 certified. |
| Support | The pricing page lists standard support by email and premium support through Slack and video conference. | The company’s values page says it offers around-the-clock response to meet customer needs. |
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.
Statement
Statement is a web-based treasury automation platform for cash visibility, forecasting, reconciliation, and insights. It consolidates cash positions across accounts, entities, regions, and currencies with real-time updates, and connects to more than 3,000 corporate banks, ERPs, and finance tools. Its AI organizes raw bank transaction data. Forecasts use cash inflows, outflows, and live ERP data, with a 13-week horizon. Users can automate budget-versus-actual analysis and create unlimited scenario plans. Treasury insights identify trends, anomalies, risks, and opportunities, including projected liquidity, hedging risk, unusual transactions, and high fees. Daily or weekly summaries can arrive by email. Two-way ERP synchronization, custom views, and role-based permissions support finance teams. Statement lists SOC-I, SOC-II, GDPR, and ISO-27001 certification. Custom onboarding is available, and the company says customers can go live in weeks without an IT lift. Pricing is on request.