Belvo vs Tink
Belvo
belvo.com
Tink
tink.comSide by side
| Figure | Belvo | Tink |
|---|---|---|
| Price from | $1,000/mo | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 3 | 2 |
| Spec score · Bank Connectivity Software | 8.5 (#3) | 6.9 (#43) |
| Spec score · Financial Data Aggregation Platforms | 8.5 (#1) | 6.8 (#12) |
| Spec score · Financial Data APIs | 8.5 (#3) | 6.8 (#25) |
| Founded | 2019 | 2012 |
| Headquarters | Mexico City, Mexico; São Paulo, Brazil | Stockholm, Sweden |
| Integrations | Belvo says its platform connects with retail and business bank accounts and official employment and fiscal records. | Tink says its platform connects to more than 3,000 banks and financial institutions across Europe. |
| Limits | The banking product page states that transaction history access is available for up to 24 months. | The FAQ says Tink provides four background data refreshes every 24 hours. |
| Payments | Its payment offerings include recurring direct debit collections in Mexico and one-tap Pix payments in Brazil. | Tink Payments lets end users authenticate and initiate payments and transfers from their bank accounts. |
| Product | Belvo provides open finance infrastructure for companies to connect to users’ accounts, understand financial data, and move money. | Tink is an open banking platform offering payment services and financial data enrichment to businesses. |
| 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. | Tink states that its systems are SOC 2 Type II compliant for the Security and Availability Trust Service Criteria. |
| Support | The pricing page lists standard support by email and premium support through Slack and video conference. | Enterprise customers can contact support through the support portal at any time, while Tink does not guarantee response or resolution times for customers without an Enterprise agreement. |
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.
Tink
Tink is an open banking platform for businesses that need payment services and enriched financial data. Its API connects to European banks and financial institutions, with stated reach across more than 3,000 connections in Europe. Use cases include customer onboarding, account top-ups, invoice settlement, ecommerce, affordability assessment, risk decisions and consumer engagement. Tink Payments lets users authenticate and initiate bank payments and transfers. Data Enrichment categorises transactions, detects recurring activity and forecasts upcoming transactions. Risk Signals examines account data, live balances, transaction history and payment velocity for account-to-account payment risk. Developers get a single API integration, SDKs, guides, references and sample projects. Supported data includes current and savings accounts, cards, investments, pensions, loans, mortgages, identity and transaction records. A free account provides sandbox test data before an Enterprise upgrade. Tink says its systems are SOC 2 Type II compliant and offers authentication flows under its PSD2 licence. The platform serves 19 European markets.