Belvo vs Powens (formerly Budget Insight): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). Powens (formerly Budget Insight) has the broader connectivity footprint (44 vs 4 countries of bank coverage), and they overlap on 2 shared markets. Belvo is headquartered in MX, while Powens (formerly Budget Insight) is based in FR.
Belvo vs Powens (formerly Budget Insight) at a glance
| Belvo | Powens (formerly Budget Insight) | |
|---|---|---|
| Headquarters | MX | FR |
| Market focus | Latin America | Multi-region |
| Countries covered | 4 | 44 |
| Institutions tracked | 18 | 116 |
| Account data (AIS) | ||
| Payments (PIS) | ||
| Verification | ||
| Regulated | Open Finance Brasil | ACPR (France), Bank of Spain |
| Sandbox | ||
| Pricing model | Subscription tiers (Launch from $1,000/mo) + custom Growth | Custom / enterprise quote |
| Free production tier | — | — |
| Developer portal | ||
| Sources | ||
| View Belvo | View Powens (formerly Budget Insight) |
Belvo vs Powens (formerly Budget Insight): bank coverage overlap
Belvo and Powens (formerly Budget Insight) share 2 markets where both connect to banks. Belvo additionally reaches 2 markets Powens (formerly Budget Insight) does not (CO, MX), while Powens (formerly Budget Insight) reaches 42 markets Belvo does not (AL, AT, AU, 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 Powens (formerly Budget Insight) if…
- you need the widest country coverage (44 markets)
- you want the largest number of connected institutions (116)
- you prefer a provider headquartered in France
Frequently asked questions
What is the difference between Belvo and Powens (formerly Budget Insight)?
Belvo vs Powens (formerly Budget Insight): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). Powens (formerly Budget Insight) has the broader connectivity footprint (44 vs 4 countries of bank coverage), and they overlap on 2 shared markets. Belvo is headquartered in MX, while Powens (formerly Budget Insight) is based in FR.
Which has wider bank coverage, Belvo or Powens (formerly Budget Insight)?
Powens (formerly Budget Insight) has wider coverage, reaching 44 countries versus 4 for Belvo. They overlap on 2 shared markets.
Can I use both Belvo and Powens (formerly Budget Insight)?
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 Powens (formerly Budget Insight) expose account information (AIS) and payment initiation (PIS) APIs that can run in parallel.