Rapyd and Belvo partner to boost Open Finance in LatAm

By Delisha Fernandes

Rapyd has partnered with Belvo, an Open Finance data and payments platform in Latin America, to enable businesses across Latin America to deliver seamless open finance experiences to their customers.

This collaboration aims to empower businesses and developers with unparalleled access to data, payment networks and technologies, streamlining how they access and interpret data, send, receive, and manage funds in the LatAm market.

Belvo, already serving over 150 clients in Brazil, Mexico, and Colombia, including large financial institutions, neobanks, lenders and ERP companies, is dedicated to helping companies leverage open finance data and payments to create more secure, efficient, and inclusive products in Latin America.

Rapyd already serves some of LatAm’s leading names, such as Hotmart, Rappi and Uber. Its unrivalled global payments network allows companies to access various payment methods, increase their market reach and streamline their financial operations seamlessly and efficiently.

Jason Kumpf, Global Head of Partnerships Rapyd said, “In a rapidly evolving FinTech landscape, our partnership with Belvo enables us to provide businesses with the tools they need to succeed in the LatAm market. By combining our strengths, we will deliver secure, fast, and innovative payment solutions to drive regional growth and make the most of the open banking revolution.”

Pablo Viguera, Co-founder and CEO of Belvo said, “Joining forces with Rapyd will further strengthen our commitment to helping businesses leverage open finance data and payments in Latin America. We are excited to collaborate with Rapyd and harness the potential of our combined expertise to redefine FinTech in the region.”