Enhancing its Dominance in Financial Inclusion in Mexico by Leveraging Belvo's Advanced Technology
In a groundbreaking move, the integration of Belvo's employment data and payment tools with Clip has significantly reshaped credit delivery in Mexico. This partnership, a testament to the power of Open Finance, has enabled automated decision-making, improved credit evaluation for individuals without traditional credit history, and scalability for both small businesses and large companies.
The collaboration addresses a structural challenge in Mexico, where 30% of credit requests are rejected due to a lack of traditional credit bureau data. Belvo provides Clip with access to employment data, real-time employment updates, and automated bank debit payment capabilities, allowing for a more comprehensive assessment of applicants' job stability and income capacity – crucial indicators for creditworthiness in the absence of conventional financial histories.
This integration has resulted in Clip offering credit products more inclusively and managing recurring payments efficiently, thus expanding financial services to segments previously underserved. By automating credit risk evaluation processes using employment data rather than relying solely on credit bureau records, Clip is bridging gaps in traditional financial systems, fostering broader and more equitable access to credit in Mexico.
The Clip-Belvo combination supports seamless recurring payment solutions, enhancing credit repayments and operational efficiency for merchants. This partnership strengthens Clip’s leadership role in promoting financial inclusion across Mexico’s diverse commerce sectors.
More than 30 million CURPs have been processed via Belvo in 2025, with a connection success rate above 98 percent. Clip utilizes Belvo's payment processing capabilities to automate payments, reduce collection costs, increase payment success rates, and decrease customer churn for client companies.
The shared tech stack centralizes decisions, reducing friction, and accelerating the digitization of critical processes. Belvo's employment-data product allows Clip to understand an applicant's job stability and income capacity, even when traditional banking history is absent. The partnership enables automatic updates on users' employment status, allowing Clip to dynamically adjust risk and keep credit limits up to date.
The Clip Belvo PrestaClip partnership is redefining personalized credit offerings and recurring payment collections in Mexico. Since adopting this technology, Clip has reported tangible gains after incorporating variables such as length of employment, formal income, and frequency of job changes. This is especially valuable for verticals such as gyms, insurance, education, and subscription services, where monthly payments demand high predictability.
The full visibility across the credit life-cycle helps Clip minimize fraud, automate processes, and offer more personalized loan terms through PrestaClip. The integration allows Clip to serve small businesses to nationwide corporates, setting a new standard for financial product design in Mexico, where technology, data, and scalability converge to serve those historically left out of the system.
Federica Gregorini, Country Manager at Belvo Mexico, stated that the alliance aims to solve real financial inclusion challenges. This partnership is a significant step towards tackling a structural gap in Mexico's financial system, reaching people who have never had formal access to credit. The Clip Belvo PrestaClip partnership is reshaping digital credit infrastructure in Mexico, using technology to close the financial inclusion gap.
In conclusion, the Clip-Belvo partnership is a shining example of how Open Finance and data-driven credit evaluation tools can revolutionize traditional financial systems, fostering broader and more equitable access to credit in Mexico.
- By partnering with Belvo, Clip has integrated employment data, finance, and technology to create more inclusive credit products and efficient recurring payment solutions, catering to segments that were previously underserved in Mexico.
- To bridge the gap in traditional financial systems, Clip, in collaboration with Belvo, uses technology to provide comprehensive credit evaluations, leveraging employment data and automated bank debit capabilities, reducing rejections and promoting financial inclusion across various business sizes in Mexico.
