Regulatory Alerts2021-03-16 | DOF 5613587Added · Updated
Authorization for the Organization and Operation of Fundary, S.A.P.I. de C.V., Collective Financing Institution
The Inter-institutional Committee unanimously approved the authorization for Fundary, S.A.P.I. de C.V. to organize and operate as a Collective Financing Institution. The entity is authorized to conduct debt crowdfunding activities and related services under the Law for the Regulation of Financial Technology Institutions. The initial social capital is set at $42,919,509.00 MXN, represented by 49,617,930 shares, and the institution is subject to supervision by the National Banking and Securities Commission and the Bank of Mexico.
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