Provides a financial platform that enables users to receive payments in dollars or euros, convert between pesos and cryptocurrencies without fees, and earn real-time yields on crypto holdings. It simplifies cross-border transactions, daily purchases with a free international Mastercard®, and bill payments, addressing the challenges of currency conversion, high fees, and limited access to global financial services.
Funding
$3.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+1Founders
Product
Problem
Freelancers and remote workers often face challenges receiving international payments due to currency conversion fees, high transaction costs, and limited access to global financial services. Traditional banking systems can be slow and cumbersome, making it difficult to manage finances across borders efficiently.
Solution
Belo provides a financial platform that simplifies cross-border transactions by enabling users to receive payments in dollars or euros and convert between pesos and cryptocurrencies without fees. The platform allows users to manage their finances globally, offering a free international Mastercard® for daily purchases and facilitating bill payments. Belo also offers the ability to earn real-time yields on crypto holdings, providing an integrated solution for managing international income and expenses. Users can receive payments from various platforms like Wise, Deel, and Payoneer, and use their funds for savings, payments, or withdrawals.
Target Audience
Belo primarily targets freelancers, remote workers, and international travelers who need a seamless solution for receiving, managing, and spending money across borders.
Features
- Multi-currency support: Receive payments in USD, EUR, and other currencies.
- Fee-free conversions: Exchange between pesos and cryptocurrencies without commission fees.
- International Mastercard®: A physical and virtual card for global transactions.
- Real-time yields: Generate returns on cryptocurrency holdings.
- Bill payment: Pay various services, including utilities and fees, from a single platform.
- International transfers: Send money to Europe, Latin America, and the United States.
- Pix Brazil integration: Pay with Brazil’s popular payment method.
- Savings automation: Automate savings in multiple currencies with daily, weekly, or monthly frequency.