Authorization for the Organization and Operation of BXL Fintech, S.A. de C.V., Collective Financing Institution — SHCP — MX

DOF: 28/04/2021

OFFICE LETTER granting authorization for the organization and operation of a collective financing institution to be named BXL Fintech, S.A. de C.V., Collective Financing Institution.

At the margin, a seal with the National Coat of Arms, which reads: United Mexican States.- TREASURY.- Ministry of Finance and Public Credit.- National Banking and Securities Commission.- Presidency.- Office No.: P059/ 2021.

Subject:

Authorization for the organization and operation of

a collective financing institution to

be named BXL FINTECH, S.A. de C.V.,

Collective Financing Institution.

MARKETPLACE MYO, S.A.P.I. DE C.V.

Av. Mario Pani, No. 400, Floor 1,

Santa Fe Neighborhood, Cuajimalpa, Postal Code 05348,

Cuajimalpa de Morelos, Mexico City.

TO:

MR. CARLOS ALBERTO REYES PÉREZ

Legal Representative

With writings presented on September 25 and 26, 2019, Marketplace Myo, S.A.P.I. de C.V.

requested authorization from the National Banking and Securities Commission (Commission) to organize and operate as

a Collective Financing Institution to be named BXL FINTECH, S.A. de C.V., Collective Financing Institution, accompanying the same with the corresponding supporting information and documentation.

As a background, it should be noted that this Commission warned Marketplace Myo, S.A.P.I. de C.V. within

the period established in the Law to Regulate Financial Technology Institutions, in order to address

diverse observations and recommendations regarding its authorization request, granting the extension requested from this authority.

In relation to the above, Marketplace Myo, S.A.P.I. de C.V. submitted diverse documentation and information

in order to respond to the aforementioned warning. Likewise, this authority required Marketplace

Myo, S.A.P.I. de C.V. to provide complementary documentation and information in order to be in a position to

address its authorization request, so that society attended to the request for complementary information

and sent updated documentation and information regarding its file. The society

requested an extension of the resolution period granted to it.

Regarding this matter, the Interinstitutional Committee in a session held on March 26, 2021, with

basis in articles 11 and 35, in relation to articles 15 and 16 of the Law to Regulate

Financial Technology Institutions and,

CONSIDERING

FIRST.- That the documentation and information presented in connection with the authorization request

for the organization and operation of the Collective Financing Institution to be named BXL FINTECH,

S.A. de C.V., Collective Financing Institution, meets the requirements provided for in article 15 in

relation to article 39 of the Law to Regulate Financial Technology Institutions and with articles

3, 4 and 6 of the General Provisions applicable to Financial Technology Institutions, as

well as with the rest of the regulation that corresponds to it by its nature.

SECOND.- That from the analysis of the documentation and information received, it was concluded that from the point

of view legal, financial and operational, it is appropriate to grant the requested authorization, so that the following was adopted:

AGREEMENT

" FOURTH. - The members of the Interinstitutional Committee, based on articles 11 and 35, in

relation to article 15 of the Law to Regulate Financial Technology Institutions, approve by

unanimity the authorization for the organization and operation of a Collective Financing Institution to

be named BXL FINTECH, S.A. de C.V., Collective Financing Institution, under the terms of the

proposal presented to the Committee.

In virtue of the above, the publication in the Official Journal of the Federation of the authorization to

which article 38 of the Law to Regulate Financial Technology Institutions refers will be carried out. "

The above agreement is adopted without prejudice to the other authorizations that, in connection with the act described

must be obtained from the National Banking and Securities Commission, in terms of the applicable provisions,

as well as the exercise of the powers attributed to said Commission during the organization process of

BXL FINTECH, S.A. de C.V., Collective Financing Institution, in which all

conditions and requirements that the National Banking and Securities Commission itself imposes will be met.

The entity whose organization and operation is authorized will be subject to the following:

BASES

FIRST.-

The name of the society will be BXL FINTECH, S.A. de C.V., Collective Financing Institution.

SECOND.-

It will have its corporate domicile in Mexico City.

THIRD.-

Its duration will be indefinite.

FOURTH.-

The amount of its initial social capital will be $7,911,330.00 (seven million nine hundred eleven

thousand three hundred thirty pesos 00/100 M.N.).

FIFTH.-

Its corporate purpose will correspond to the activities indicated in article 15 of the Law to

Regulate Financial Technology Institutions and will carry out the operations and the

provision of services established in articles 16, fraction I and 19, fractions I, II,

III, IV, VI, VII, VIII, IX, X and XI of the aforementioned Law to Regulate Financial Technology

Institutions.

SIXTH.-

The authorization referred to in this office letter is, by its very nature,

non-transferable.

SEVENTH.-

The institution will be subject to the supervision of the National Banking and Securities Commission and

of the Bank of Mexico, in the exercise of their respective attributes, as well as,

of the other competent financial authorities in the terms established by law.

EIGHTH.-

The services consisting of collective debt financing that the institution provides

by virtue of this authorization, as well as the other operations it carries out, at

the same time that its organization and operation in general, will be subject to, in what is not

expressly stated in this office letter, to the Law to Regulate Financial Technology

Institutions, to the rules and general provisions applicable to Financial Technology

Institutions issued by the National Banking and Securities Commission, to the

dispositions that, within the scope of its attributes, the Bank of Mexico issues and to the

other current norms and provisions and those that are issued in the future by any

competent authority, including those related to operations with resources of illicit

origin and terrorism financing, which by their nature are applicable.

In accordance with what is established in article 69, fraction VI of the Law to Regulate Financial Technology

Institutions, this authorization may be revoked if BXL FINTECH, S.A. de C.V., Collective

Financing Institution does not start operations within a period of six months counted from the notification

of this authorization.

For the purposes of the above, BXL FINTECH, S.A. de C.V., Collective Financing Institution

must prove to this Commission at least thirty business days in advance of the start of its

operations, compliance with the requirements established in article 40 of the Law to Regulate

Financial Technology Institutions.

Finally, in a separate office letter, this Commission will make known to that society the diverse

documentation and information that BXL FINTECH, S.A. de C.V., Collective Financing Institution

must prove to this authority in complement to what is established in article 40 of the Law to Regulate

Financial Technology Institutions.

This is issued based on articles 16, fractions I and XVII of the Law of the

National Banking and Securities Commission and 12 and 41, fractions I and III of the Internal Regulations of the National Banking and Securities Commission.

Respectfully,

Mexico City, March 29, 2021.- The President, Juan Pablo Graf Noriega.- Rubric.

In the document you are viewing, there may be text, characters or objects that do not display correctly due to conversion to HTML format, so we recommend always taking the digitized image of the DOF or the PDF file of the edition as a reference. The content, form and scope of published documents are the strict responsibility of their issuer.

INQUIRY

BY DATE

Sá

INDICATORS

Exchange Rate and Rates as of 28/08/2026

DOLLAR

16.9712 UDIS

8.808812 TIIE 28 DAYS

6.7559% TIIE 91 DAYS

6.7931% TIIE 182 DAYS

6.8474% TIIE DE FONDEO

6.50%

SURVEYS

Did you like the new image of the Official Journal of the Federation website?

Yes

Official Journal of the Federation

Río Amazonas No. 62, Col. Cuauhtémoc, Postal Code 06500, Mexico City Tel. (55) 5093-3200, where you can access our service menu

Electronic address: dof.gob.mx

113

Similar documents from other regulators