Belvo raised a $43 million Series A funding round from Future Positive, Kibo Ventures and FJ Labs.

Belvo, a Barcelona, Spain-based software developer of a connectivity platform intended to secure financial transactions, announced the completion of a $43 million series A capital funding round.

The money was raised from investors including Future Positive, the investment vehicle of Fred Blackford and Biz Stone (early investors in Pinterest, Square, Beyond Meat, and NotCo); Kibo Ventures (early investors in Flywire, Coverwallet, Clarity.ai, and CARTO); and FJLabs (early investors in Betterment, Checkr, and Recargapay).

Other backers include Sebastián Mejía, co-founder and president of Rappi, and Harsh Sinha, CTO of Wise (former Transferwise). Existing investors such as Kaszek, MAYA Capital, Venture Friends, and David Vélez, founder and CEO of Nubank also participated in the round.

Belvo, founded in May 2019 by Pablo Viguera and Oriol Tintoré, built a developer-first API platform that can be used to access and interpret end-user financial data to build better, more efficient and more inclusive financial products in Latin America. Developers of popular neobank apps, credit providers and personal finance tools use Belvo’s API to connect bank accounts to their apps to unlock the power of open banking.

Belvo previously raised $10 million from Founders Fund and Kaszek in 2020.