Categorization
Transform raw data into insights thanks to machine learning and AI
Maximize the value of transaction data by turning it into clean, organized and enriched categories. Identify income, spending behaviors and potential risk indicators to create a more effective credit risk model.
Trusted by the leading financial innovators
Leverage categorization to build a more comprehensive credit analysis
Tailored for credit and risk
Each category is carefully crafted to capture the unique nuances of the lending industry, providing lenders with the precision they need to make data-driven decisions.
Best coverage on the market
We provide 15 primary and 94 detailed categories, with detailed insights on income and lending categories. Our models achieve 85% accuracy and are available in Spanish and Portuguese.
Enrich your own data
We categorize transactional data from any source, whether you already have a data set or you access open finance data. We apply our categorization AI-powered engine and you receive insightful data, ready to use.
Constant improvement
By connecting and analyzing transactions from millions of users through Belvo-powered apps, our AI-powered models are trained daily to identify new metadata.
Product features
Turn raw transactions into standardized and enriched data
Transactions categorization
Powered by machine learning and artificial intelligence, our categorization product achieves 85% accuracy when identifying the correct category for each transaction. We currently classify transactions into 15 primary and 94 detailed categories tailored for credit and risk and are trained to identify income, lending and repayment categories and potential risk expenditure.
With detailed sub-categories such as income, credit and loans or gambling, we provide lenders with the granularity they need to make data-driven decisions and build better lending tools.
Plug your own data
Our enrichment feature allows financial institutions and lenders across Latin America to easily categorize transaction data from their own sources, such as core banking data or open finance data.
You send us your raw transactional data through a secure API, and we apply our categorization engine powered by machine learning. We send you back clean and insightful data to help accelerate your product performance, save time and improve the efficiency of your day-to-day operations.
How to optimize your credit cycle with categorized data?
Related guides & docs
Retrieve clean transactions powered by machine learning
Check our documentation to start using our product with our API.
Improving data categorization with machine learning
Unearth how our teams used machine learning techniques to improve our categorization product.
Reduce credit risk with transactional data
Improve risk assessment processes by accessing enriched transaction data, sourced from your customers’ accounts.
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Belvo does not grant loans or ask for deposits
