Belo

Cross-border Payments Platformbelo.app

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

Cross-border payments
Digital wallet platform
Stablecoin remittances
Fiat-crypto bridge
Latin American fintech

Where Belo is headquartered

Location

Headquarters

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 offering

Core 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 profile

Segments2 records

Ideal customer profiles2 records

Belo technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Belo partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

AavecoreStrategic or Co-development Partner · 11 May 2026DeFi 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.
VisacoreStrategic or Co-development PartnerBelo 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 assessment

Others

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 financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Belo leadership team

Management profile

Number of profiles

Profiles3 records

Belo funding detail

Funding detail

Funding 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 investment

M&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?

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.