How to extract ROI from open banking – white paper

This white paper aims to better understand the impact, benefits, and return on investment or ROI that open banking and open finance models are already bringing to the business of fintech companies around the world.

Open banking and open finance models are changing the way millions of people around the world manage their money. However, many companies are still wondering: what is the return on investment (ROI) I can get from these models?

In their new white paper ‘How to extract ROI from open banking‘, Belvo answer this question with the help of a panel of nine experts from internationally renowned companies, such as Revolut and Plum; leaders in the open banking API ecosystem, like Plaid; and some of the most relevant players in the Latin American fintech sector, such as Minu in Mexico and Mobills in Brazil. 

Eight use cases from open banking pioneers

Belvo analyzes eight use cases including credit, PFM, and accounting solutions. With them, Belvo covers both examples from markets where open banking regulations have already been successfully introduced –such as the UK and Europe–, as well as from those where these models are still evolving, such as Mexico and Brazil. 

Belvo looks at the challenges these companies faced and how they solved them using open banking solutions, as well as the tangible results they obtained to improve their business models. 

The state of open banking regulation globally

Looking across the world can help us understand how these models can evolve and understand the specific benefits that they are already bringing to companies and millions of users. 

That’s why Belvo explores how the regulation ecosystem has evolved in different markets and specific countries including Latin America, Brazil, Australia, the UK, Europe, the US, Southeast Asia, and Africa. 

Finally, the white paper also analyze the role of open banking API providers, and how these companies are adapting to the needs of the fintech ecosystem in different parts of the world, building the connectivity infrastructure that connects traditional financial institutions, new players, and consumers.

„While this new ecosystem takes shape, many players are moving forward and starting to take advantage of technology and data to create more inclusive, efficient, and modern financial services. They are the pioneers that are anticipating what the future of financial services will look like tomorrow, and making it a reality today,” says Pablo Viguera, Belvo’s co-founder and CEO. 

Download the white paper