Barcelona-based Belvo has secured $10mn in capital.
Belvo creates a layer between FinTech apps and people’s financial data.
It is already backed by Y Combinator.
The capital will be used to recruit 40-50 new project developers.
What does this mean?
Belvo is also planning to enter the Latin America FinTech market, which it says is “exploding”, and will establish new offices in Sao Paulo, Brazil.