Regulatory Alerts2025-10-15 | DOF 5770000Added
Authorization for the Organization and Operation of Money Organization New Enterprise Kreating Innovations, S.A.P.I. de C.V., as an Electronic Payment Fund Institution
The National Banking and Securities Commission authorizes Money Organization New Enterprise Kreating Innovations, S.A.P.I. de C.V. to organize and operate as an Electronic Payment Fund Institution with an initial social capital of 12,500,000 Mexican pesos. The entity is subject to supervision by the Commission and the Bank of Mexico and must comply with the Law for the Regulation of Financial Technology Institutions. It must demonstrate compliance with the requirements of Article 40 of said law at least thirty business days prior to the start of its operations.