Open Banking APIs in Latin America

Key takeaways

• Brazil leads Latin American open finance: Open Finance Brasil is mandatory and phased, and pairs with the Pix instant-payments rail.
• Belvo is the most common multi-market API (Mexico, Brazil, Colombia) and adds fiscal/tax (SAT) data; Pluggy and Klavi specialise in Brazil; Floid leads the Andean and Southern Cone markets.
• Regulation varies widely — mandatory in Brazil, fintech laws in Mexico and Chile, emerging frameworks in Colombia and Peru, and little to none in smaller markets.
• There is no single API for all of Latin America: most builds pair a regional aggregator with market-specific coverage.

Quick pick by use case

Start from the market and use case, not the provider name.

The leading open finance APIs in Latin America

Curated profiles of the providers most teams shortlist for Latin American use cases. Bank counts are computed from our index and update with each deploy.

Belvo

Mexico + LatAm17 LatAm banks

Latin America's leading open finance API — bank account data, fiscal (Mexican SAT) and employment data, plus payment initiation across Mexico, Brazil and Colombia. A common default for multi-market LatAm builds.

Best for: Multi-market LatAm data + payments

AISPISFiscal data

Pricing: Quote-based

Pluggy

Brazil96 LatAm banks

Brazil-focused aggregator connecting to Open Finance Brasil participants for account data and payment initiation, widely used by Brazilian fintechs and platforms.

Best for: Open Finance Brasil data + payments

AISPIS

Pricing: Quote-based

Klavi

Brazil19 LatAm banks

Brazilian open finance and data-intelligence platform built on Open Finance Brasil, offering account aggregation, credit insights and analytics on top of consented data.

Best for: Open Finance Brasil data + analytics

AISAnalytics

Pricing: Quote-based

Floid

Chile + LatAm16 LatAm banks

Bank-data aggregator with coverage across Chile, Peru, Colombia, Mexico and Argentina — account data and identity verification for the Andean and Southern Cone markets.

Best for: Andean & Southern Cone data

AISIdentity

Pricing: Quote-based

Open finance regulation by country

Where each major Latin American market stands on open banking / open finance, from mandatory regimes to emerging frameworks.

Country	Framework	Status	Notes
Brazil	Open Finance Brasil	Live	Most advanced in the region; phased rollout complete, integrated with the Pix instant-payments rail.
Mexico	Ley Fintech (Fintech Law)	Active	In force since 2018; open-data secondary rules still being finalised by the regulators.
Chile	Ley Fintech / CMF open finance	Active	Fintech Law (2023); the CMF is phasing in the open finance system.
Colombia	Open Finance (Decreto 1297)	Upcoming	Voluntary model moving toward broader, more structured adoption.
Peru	Open Banking framework	Upcoming	Framework under development by the SBS.
Argentina	Transferencias 3.0	Active	BCRA-driven interoperable payments; consumer data sharing still nascent.
Uruguay	—	Early-stage	No mandatory open finance regime yet.
Ecuador	—	None	No formal open finance framework to date.

Other aggregators with Latin American coverage

6 more aggregators index Latin American banks. Click through for full profiles and bank lists.

Lunch Flow

99 LatAm banks indexed

Boufin

9 LatAm banks indexed

Trio

5 LatAm banks indexed

Salt Edge

4 LatAm banks indexed

GoCardless

3 LatAm banks indexed

Volt

3 LatAm banks indexed

Latin American open finance — frequently asked