Regulatory Alerts2025-08-26 | DOF 5766559Added
Authorization for the Organization and Operation of Fintoc, S.A. de C.V., Electronic Payment Funds Institution
The National Banking and Securities Commission authorizes Fintoc, S.A. de C.V. to organize and operate as an Electronic Payment Funds Institution. The entity must maintain an initial social capital of $15,000,000.00 MXN and is subject to supervision by the Commission and the Bank of Mexico. Fintoc must demonstrate compliance with the requirements of Article 40 of the Law for Regulating Financial Technology Institutions at least thirty business days prior to commencing operations.