The new partnership is set to help belo stay compliant and verify their increasing number of users effectively across LATAM.
Today Sumsub announced its collaboration with belo, a fintech platform offering a digital wallet solution to support crypto, stablecoin and fiat money transfers across Latin America and beyond.
Sumsub’s strong global and regional coverage, as well as its proven ability to assist business expansion for crypto platforms, fintechs and neobanks with its advanced AI-first identity verification and customizable KYC/AML compliance solutions were the leading factors behind belo’s vendor choice.
While belo is seeking to enter new markets and grow with confidence, this partnership is aimed at strengthening the company’s long-term compliance capabilities and user pass rates, thus maintaining trust among clients and partners and driving product innovation without compromising security.
“Choosing Sumsub as our trusted partner reflects our ongoing commitment to the compliance-first approach that allows our business to expand safely while also providing the best customer experience for our growing client base across Brazil, Argentina, and wider Latin America,” says Edwin Rager, Co-founder & Chief Strategy Officer (CSO), belo.
“We’re excited to support belo with our best-in-class compliance solutions and risk management tools, ensuring user-friendly identity verification and robust fraud prevention capabilities,” adds Daniel Mazzucchelli, Business Development Manager for Latin America at Sumsub. “Contributing to the evolution of LATAM fintech space has long been one of Sumsub’s key market priorities, and the ability to foster financial inclusion together with belo resonates deeply with our global mission”.
About belo
belo is a digital wallet that helps people across Latin America solve everyday and cross-border financial needs. Users can pay, save, and move money seamlessly through simple experiences, while crypto technology works behind the scenes to enable efficient, compliant, real-world use cases.
