BelvovsNordigen (acquired by GoCardless)

Belvo vs Nordigen (acquired by GoCardless)

Open banking API aggregator comparison — coverage, markets, and capabilities side by side.

Belvo vs Nordigen (acquired by GoCardless): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). Nordigen (acquired by GoCardless) has the broader connectivity footprint (63 vs 4 countries of bank coverage), and they overlap on 4 shared markets. Belvo is headquartered in MX, while Nordigen (acquired by GoCardless) is based in LT.

Belvo
Option A

Belvo

HQ: MX
Nordigen (acquired by GoCardless)
Option B

Nordigen (acquired by GoCardless)

HQ: LT

Belvo vs Nordigen (acquired by GoCardless) at a glance

BelvoNordigen (acquired by GoCardless)
HeadquartersMXLT
Market focusLatin AmericaMulti-region
Countries covered463
Institutions tracked1854
Account data (AIS)
Payments (PIS)—
Verification—
RegulatedOpen Finance BrasilFCMC (Latvia), PSD2 AISP
Sandbox
Pricing modelSubscription tiers (Launch from $1,000/mo) + custom GrowthFreemium: free AIS bank account data + paid premium/advanced data
Free production tier—
Developer portal
Sources
3 sources
2 sources
View BelvoView Nordigen (acquired by GoCardless)

Belvo vs Nordigen (acquired by GoCardless): bank coverage overlap

Belvo and Nordigen (acquired by GoCardless) share 4 markets where both connect to banks. Belvo additionally reaches 0 markets Nordigen (acquired by GoCardless) does not, while Nordigen (acquired by GoCardless) reaches 59 markets Belvo does not (AE, AT, AU, BD, BE, BG, CA, CH…).

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 Nordigen (acquired by GoCardless) if…

  • you need the widest country coverage (63 markets)
  • you want the largest number of connected institutions (54)
  • you prefer a provider headquartered in Lithuania

Frequently asked questions

What is the difference between Belvo and Nordigen (acquired by GoCardless)?

Belvo vs Nordigen (acquired by GoCardless): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). Nordigen (acquired by GoCardless) has the broader connectivity footprint (63 vs 4 countries of bank coverage), and they overlap on 4 shared markets. Belvo is headquartered in MX, while Nordigen (acquired by GoCardless) is based in LT.

Which has wider bank coverage, Belvo or Nordigen (acquired by GoCardless)?

Nordigen (acquired by GoCardless) has wider coverage, reaching 63 countries versus 4 for Belvo. They overlap on 4 shared markets.

Can I use both Belvo and Nordigen (acquired by GoCardless)?

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 Nordigen (acquired by GoCardless) expose account information (AIS) and payment initiation (PIS) APIs that can run in parallel.

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