Belo
Belo is an Argentine fintech operating a mobile-first crypto-fiat wallet and Visa card for Latin American freelancers, remote workers, and unbanked consumers. It earns transaction fees on cross-border payments and stablecoin transfers across eight LatAm markets.
- Company typePrivate
- Founded2021
- HeadquartersDover, United States
- Headcount51–100
- GTM typeB2C
- OfferingSoftware
What Belo does
Belo is an Argentine-headquartered fintech company, founded in Buenos Aires in 2021, that operates a mobile-first digital wallet bridging fiat and cryptocurrency rails for Latin American consumers. The platform enables users to hold and transfer local currencies alongside digital dollars (stablecoins), addressing high-inflation environments, limited access to dollar-denominated accounts, and expensive cross-border remittances. Its core product, the Belo Digital Wallet, is complemented by LUX, a fully digital international Visa card that extends the wallet balance into global spending and ATM withdrawals.
The underlying technology stack is built around cryptocurrency-powered cross-border payment rails that allow real-time fiat-to-crypto and crypto-to-fiat transfers. In May 2026, Belo embedded Aave's DeFi lending infrastructure into the consumer app so users can earn yields on stablecoin holdings without direct blockchain interaction, abstracting crypto complexity away from mainstream users. The product also integrates with Visa through the LUX card and is strategically backed by Tether, the largest stablecoin issuer, which led Belo's $14 million Series A in April 2026.
Belo generates revenue through transaction and withdrawal fees on its deposit, withdrawal, and cross-border money transfer flows, primarily serving freelancers, remote workers, and the unbanked/underbanked across Argentina and Brazil, with planned expansion into Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay. Distribution is product-led and self-serve via mobile app onboarding, supported by embedded Visa card issuance and protocol-level DeFi integrations. The company was reported profitable for three consecutive years and doubled its user base for four consecutive months prior to its Series A.
Belo firmographics
Firmographics- Name
- Belo
- Website
- https://belo.app
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Belo is an Argentine fintech operating a mobile-first crypto-fiat wallet and Visa card for Latin American freelancers, remote workers, and unbanked consumers. It earns transaction fees on cross-border payments and stablecoin transfers across eight LatAm markets.
- Ownership category
- akta.pro rank
Belo industry classification
Industry- Product category
- Cross-border Payments Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
- akta.pro secondary industries
- International / Multi-Currency Wallets (FSAMAEAL), On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE), Custodial Wallets & Hosted Accounts (exchange/fintech custody, omnibus wallets) (FSAPACAC), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), Lending Protocol Infrastructure (Oracles, Rate Models, Vaults) (FSADAFAN)
Keywords
Where Belo is headquartered
LocationHeadquarters
- HQ city
- Dover
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Belo business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Marketing or Sales, Personnel
Revenue model
- Transaction and Withdrawal Fees: Fees charged on deposit and withdrawal transactions; exchanges expected to pass on savings to customers following Argentine regulatory reforms
- Cross-border Payment Services: Revenue from facilitating cross-border money transfers for freelancers and remote workers using crypto rails
Go-to-market motion1 record
Distribution channels3 records
Belo product offering
Product offeringCore offering
Belo operates a multi-currency digital wallet platform that enables users in Latin America to save, pay, and move money across fiat and crypto systems. The platform allows users to hold and transfer local currencies alongside digital dollars (stablecoins), bridging traditional finance and cryptocurrency ecosystems. The product ecosystem includes the Belo Digital Wallet and the LUX digital international Visa card, with embedded DeFi yield-earning via Aave protocol integration.
Product overview
Belo operates a unified financial platform that enables users to save, pay, and move money across fiat and crypto systems. The core product is the Belo Digital Wallet, which allows users to hold and transfer local currencies alongside digital dollars (stablecoins). The company targets markets with high inflation and limited access to traditional banking, particularly serving freelancers and remote workers who move money across borders. The platform also includes LUX, a fully digital international Visa card, as part of its product ecosystem.
Differentiator
Problem solved
Functional benefit
Brands
- LUX: A fully digital international Visa card offered by Belo
Products and services
- Belo Digital Wallet A multi-currency digital wallet enabling users in Latin America to hold and transfer local currencies alongside digital dollars (stablecoins). Targets freelancers, remote workers, and unbanked/underbanked individuals who move money across borders, with support for both fiat and cryptocurrency transactions.
- LUX International Visa Card
Quantifiable outcome
- Platform enables users to save, pay, and move money across fiat and crypto systems simultaneously
Companies that use Belo
Customer profileSegments2 records
Ideal customer profiles2 records
Belo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Belo partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- AavecoreDeFi protocol Aave partnered with Belo to embed its lending infrastructure into Belo's consumer mobile app. This enables Belo users to earn yields on stablecoin holdings without direct blockchain interaction. The partnership targets financial inclusion for Latin America's unbanked/underbanked populations by offering dollar-denominated returns through familiar local currency interfaces.
- VisacoreBelo offers LUX, a fully digital international Visa card, enabling users to make purchases and withdrawals globally using their crypto-funded wallets.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Belo competitors and assessment
Company assessmentOthers
- Bitfarms: While primarily a Bitcoin miner, Bitfarms has historical LatAm operational depth in Argentina. Included only as adjacent ecosystem context; not a product peer.
- Pomelo: LatAm fintech-as-a-service provider enabling wallets, cards and payment infrastructure. Comparable regional fintech ecosystem context; could be a B2B partner/competitor for embedded wallet offerings in Belo's footprint.
Direct peers
- Bitso: Leading LatAm crypto exchange and wallet platform operating across Argentina, Brazil and Mexico. Most direct comparable: similar fiat-crypto on/off-ramp model, stablecoin-centric, regional freelancer/remittance customer overlap with Belo.
- Lemon Cash: Argentine crypto wallet and exchange offering fiat-crypto accounts and a Visa card to similar freelancer and inflation-hedging users. Closest head-to-head competitor in Belo's home market with overlapping product set.
- Ualá: Argentina-founded neobank expanding across LatAm (Mexico, Colombia) with prepaid card and account features. Comparable target user (underbanked), similar expansion playbook, but more neobank than crypto-native.
- Ripio: Argentine-origin crypto platform offering wallet, exchange and on/off-ramp services across multiple LatAm countries. Directly comparable product set and customer segment to Belo.
Broad incumbents
- Mercado Pago: Dominant LatAm digital wallet and payments processor embedded in Mercado Libre's ecosystem. Broad incumbent with massive user base across Belo's target countries; competing on payments/savings rails rather than crypto-native yield.
- Binance: Global crypto exchange with significant LatAm user base and P2P fiat rails in Argentina and Brazil. Competes indirectly on wallet/store-of-value use cases that Belo targets.
- Crypto.com: Global crypto payments platform with Visa card program and yield features. Comparable card-plus-yield stack to Belo's LUX + Aave offering, though operating at global rather than LatAm-specialized scale.
Emerging players
- Strike: Bitcoin/Lightning-based payments app with global remittance and card features. Comparable product DNA (crypto rails, freelancer use case, card) but focused on USD/Bitcoin rather than multi-fiat stablecoins in LatAm.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Belo social profiles
Digital presenceBelo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Belo leadership team
Management profileNumber of profiles
Profiles3 records
Belo funding detail
Funding detailFunding overview
Funding rounds4 records
Investors17 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Belo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Belo
What does Belo do?
Belo operates a multi-currency digital wallet platform that enables users in Latin America to save, pay, and move money across fiat and crypto systems. The platform allows users to hold and transfer local currencies alongside digital dollars (stablecoins), bridging traditional finance and cryptocurrency ecosystems. The product ecosystem includes the Belo Digital Wallet and the LUX digital international Visa card, with embedded DeFi yield-earning via Aave protocol integration.
Is Belo a public or private company?
Belo is a private company. It is classified as venture growth investor backed and is currently operating.
When was Belo founded?
Belo was founded in 2021. It employs 51 to 100 people.
Where is Belo based?
Belo is headquartered in Dover, United States, in the North America region.
How does Belo make money?
Two revenue lines are on record. Transaction and Withdrawal Fees are the primary driver. The others are cross-border Payment Services.
Who are Belo's main competitors?
Others on record are Bitfarms and Pomelo. Direct peers are Bitso, Lemon Cash, Ualá and Ripio. Broad incumbents are Mercado Pago, Binance and Crypto.com. Strike is listed as an emerging player.
Does Belo have an API?
No public API is recorded for Belo.
What industry is Belo in?
Belo's product category is Cross-border Payments Platform. Its primary akta.pro industry code is BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms, with a secondary code of FSAMAEAL, International / Multi-Currency Wallets. Its NAICS code is 522320 and its SIC code is 6200.