Launch HN: Belvo (YC W20) – Financial Data API Platform for Latin America https://ift.tt/3dPHs0x

Launch HN: Belvo (YC W20) – Financial Data API Platform for Latin America Hey HN, Pablo and Oriol here, founders of Belvo ( https://belvo.co/ ), a financial data API platform for Latin America. Think Plaid for Latam. We were previously building a payments startup (something like Venmo) in Europe and when expanding to Latam realised how hard it is to connect to legacy infrastructure, whether it is to access data, validate bank accounts or process payments. We’ve also been working in fintech in Europe for the past few years (at companies like Revolut) and one of us comes from a traditional financial services background. We’ve seen the impact open banking technology, which has become common in Europe, has had on providing end-users with more transparent and fair offerings and on lowering barriers for fintech developers to get started and launch innovative new products. But this technology hasn't made it into Latam yet, so we saw a big opportunity and started Belvo to solve that. Belvo allows end-users to connect their financial data to new fintech apps across Latam. We’ve seen a number of relevant use cases for our product so far. For personal and business finance apps, we allow users to connect bank accounts and view them in one place through account consolidation. This allows developers to provide better spending analytics and proactive recommendations. Business-oriented finance apps can reduce manual errors and costs via automated accounting by syncing bank feeds and reconciling transactions on a recurring basis. We’ve also seen that digital-first banks and wallets can use us to build in-house personal finance managers and authenticate the owner of any bank account - thus streamlining their know-your-client (KYC) processes. We also enable credit providers to build better and faster experiences for borrowers. Instead of having to build onboarding flows or asking users to self-report or upload their information, data can be synced via our API. Fraud risk can also be reduced and scoring improved by accessing more granular and broad data. Currently we allow end-users to connect banks and bank-like sources to fintech apps. That being said, our goal is to aggregate all relevant financial data sources, not just banks. This is particularly important in Latam, where 50% of the population is unbanked. In this context, sources such as service providers (think prepaid phone, prepaid TV, electricity bills), digital wallets and gig-economy apps are relevant for both users and fintech apps. These are typically paid in cash and don’t go through a bank statement or debit card but all have portals where consumption and spend can be analysed and categorised. Becoming the “source of truth” for all this data is pretty tricky as all data sources have different formats, ways to access, granularity, etc. and that’s something we’re looking to solve. The process of connecting accounts to fintech apps is built on the premise of full and strong user consent to data sharing. Security / privacy is something we’ve been focusing on since day 1. Our engineering, infrastructure and data teams have past experience in working on products with similar complexities. We went live in January in Mexico, our first market. We will soon be expanding to Colombia and Brazil and working on some additional products and sources to complement the core data API. Belvo has been built by developers, for developers and our API documentation is public. The way to get setup is directly via our developer portal ( https://ift.tt/2JzEUpu ). Upon signup, you’ll be able to retrieve your API keys for both our Sandbox and Production environments. Oriol and I would be delighted to get your thoughts and feedback on what we’re building. Fire away HN! April 3, 2020 at 10:11PM

Show HN: Free encrypted password and file sharing https://ift.tt/3aJlISe

Show HN: Free encrypted password and file sharing https://ift.tt/2wbhcg5 April 3, 2020 at 09:32PM

Show HN: Convey – personalized SMS marketing and followups directly from Slack https://ift.tt/2X83rtU

Show HN: Convey – personalized SMS marketing and followups directly from Slack Hi HN! We're Kunal and Parthi. We're super excited to launch Convey (https://conveyhq.com), our latest attempt to do everything directly from Slack ;) Convey lets you do personalized SMS marketing and followups directly from Slack. Customer communication is getting increasingly personal and businesses want to create an authentic relationship with their users. We're helping e-commerce brands, retail stores, and other online businesses engage with their customers through a format that feels personal - like a friend texting you. SMS is ubiquitous, more widely read than email and feels more intimate. Here's what you can do with Convey: ️1. Send out personalized SMS campaigns to your customers. Trigger them via API based on user behavior on your site or in your app. Shopify and other marketing integrations in the works 2. Respond with a templated message that still sounds human. We use language models to understand user messages and queue up the best template response so you can edit if necessary and hit send 3. Collaborate with your team on responses in Slack - a very extensive Slack integration makes it possible to initiate and respond to messages while giving your entire team visibility We're eager to hear your feedback! April 3, 2020 at 09:21PM

Show HN: Game of Life on GPU in 10 lines https://ift.tt/2UXFqCV

Show HN: Game of Life on GPU in 10 lines https://ift.tt/2waLgbH April 3, 2020 at 05:14PM

Show HN: Gatsby and ReasonML Starter Blog https://ift.tt/2UFglxS

Show HN: Gatsby and ReasonML Starter Blog https://ift.tt/39BS9QT April 3, 2020 at 04:03PM

Show HN: Draw and extract tables from PDF reliably https://ift.tt/2UZfAi0

Show HN: Draw and extract tables from PDF reliably http://getbluetail.com April 3, 2020 at 02:50PM

Launch HN: Test https://ift.tt/2xNxrAE

Launch HN: Test This is dang testing something. Please carry on. Edit: bah! you guys upvoted it and ruined my test. I think I can cancel that out. April 3, 2020 at 03:08PM

Show HN: faasd 0.8.1 – lightweight Serverless with containerd and CNI https://ift.tt/2UHHwIp

Show HN: faasd 0.8.1 – lightweight Serverless with containerd and CNI https://ift.tt/2Uz4xNy April 3, 2020 at 02:47PM

Show HN: I made a schedule of when borders will open again after pandemics https://ift.tt/2R4tnlZ

Show HN: I made a schedule of when borders will open again after pandemics https://mayweleave.com/ April 3, 2020 at 02:00PM

Show HN: Froyo Party – The Anti-Lonely App https://ift.tt/2x1WyQ3

Show HN: Froyo Party – The Anti-Lonely App https://ift.tt/3bGMeeS April 3, 2020 at 11:48AM

Show HN: News Without Coronavirus https://ift.tt/2wNaEEV

Show HN: News Without Coronavirus https://ift.tt/2UCWgI9 April 3, 2020 at 11:39AM

Show HN: Automate with Google Sheets and MIT App Inventor https://ift.tt/346UpOW

Show HN: Automate with Google Sheets and MIT App Inventor https://youtu.be/PReU4ITp37I April 3, 2020 at 11:06AM

Show HN: 2FA, a one-file 2-factor authentication app written in Python https://ift.tt/2UVVVzj

Show HN: 2FA, a one-file 2-factor authentication app written in Python https://ift.tt/348x1AB April 3, 2020 at 10:52AM