Belvo vs enable:Banking: both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). enable:Banking has the broader connectivity footprint (41 vs 4 countries of bank coverage), and they overlap on 1 shared markets. Belvo is headquartered in MX, while enable:Banking is based in FI.
Belvo vs enable:Banking at a glance
| Belvo | enable:Banking | |
|---|---|---|
| Headquarters | MX | FI |
| Market focus | Latin America | Multi-region |
| Countries covered | 4 | 41 |
| Institutions tracked | 18 | 108 |
| Account data (AIS) | ||
| Payments (PIS) | ||
| Verification | ||
| Regulated | Open Finance Brasil | — |
| Sandbox | ||
| Pricing model | Subscription tiers (Launch from $1,000/mo) + custom Growth | Volume-based (per account accessed / payment), monthly minimum |
| Free production tier | — | — |
| Developer portal | ||
| Sources | ||
| View Belvo | View enable:Banking |
Belvo vs enable:Banking: bank coverage overlap
Belvo and enable:Banking share 1 markets where both connect to banks. Belvo additionally reaches 3 markets enable:Banking does not (BR, CO, MX), while enable:Banking reaches 40 markets Belvo does not (AT, AU, AX, BE, BG, CA, CH, CY…).
Coverage figures are derived from verified per-bank connectivity data tracked on Open Banking Tracker, not provider marketing claims. See the coverage explorer for the full breakdown by continent.
Choose Belvo if…
- your focus market is Latin America
- you prefer a provider headquartered in Mexico
Choose enable:Banking if…
- you need the widest country coverage (41 markets)
- you want the largest number of connected institutions (108)
- you prefer a provider headquartered in Finland
Frequently asked questions
What is the difference between Belvo and enable:Banking?
Belvo vs enable:Banking: both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). enable:Banking has the broader connectivity footprint (41 vs 4 countries of bank coverage), and they overlap on 1 shared markets. Belvo is headquartered in MX, while enable:Banking is based in FI.
Which has wider bank coverage, Belvo or enable:Banking?
enable:Banking has wider coverage, reaching 41 countries versus 4 for Belvo. They overlap on 1 shared markets.
Can I use both Belvo and enable:Banking?
Yes. Many teams use more than one open banking aggregator — for example one for its strongest region and another for fallback coverage or specific institutions. Both Belvo and enable:Banking expose account information (AIS) and payment initiation (PIS) APIs that can run in parallel.