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Wise joins investment space with new Assets feature
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Wise joins investment space with new Assets feature
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JPM and Nutmeg: a digital union made to last?
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Belvo, LatAm’s answer to Plaid, raises $43M to scale its API for financial services
Belvo, a Latin American startup which has built an open finance API platform, announced today it has raised $43 million in a Series A round of funding.
A mix of Silicon Valley and Latin American-based VC firms and angels participated in the financing including Future Positive, Kibo Ventures, FJ Labs, Kaszek, MAYA Capital, Venture Friends, Rappi co-founder and president Sebastián Mejía (Rappi), Harsh Sinha, CTO of Wise (formerly Transferwise) and Nubank CEO and founder David Vélez.
Citing Crunchbase data, Belvo believes the round represents the largest series A ever raised by a Latin American fintech. In May 2020, Belvo raised a $10 million seed round co-led by Silicon Valley’s Founders Fund and Argentina’s Kaszek.