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Having been working on open banking for the past 12 months, I can see a lot of similarity and potential here. If I'm correct, you're trying to be true layer for Latin America.

Now question time, maybe a bit harsh but you need to think about it.

1. simple one, where is the user authentication flow?

2. the harsh one: as the same problem in OB, just curious what's your thought about building the trust between a third party (TPP or your client in your case) and the end-users? You know in the UK, even OB is relatively mature, you don't see many people willing to login to their bank account via a third party app, even though we all know it's very safe in the technological point of view. But trust is not something you can simply build with technology.



Similar to TrueLayer yes, more tailored to the local market in terms of bancarisation % and status of open banking regulation (not existent).

Maybe this helps to understand our authentication flow --> https://developers.belvo.co/docs/connect-widget

I totally agree with you. Trust is key. We work hand-in-hand with our partners to build this and educate the market as we grow. In general, all of our products, widgets, sdks, etc. are delivered completely white-label so that we can leverage the trust already existing between end-user and the fintech he/she is interacting with. We're also working with the regulator and other stakeholders to build and drive the education towards open banking for the market as a whole. It's a very long-term process :)


> Having been working on open banking for the past 12 months

What are you working on?


On the ASPSP side


Conversely, Plaid has been pretty successful here.


Yeah, we know the guys at Plaid pretty well and we're big fans of the infrastructure they have created for fintechs and new financial services.




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