Regulatory Alerts2023-07-17 | DOF 5695756Added · Updated
Notice granting authorization for the organization and operation of Quantum Pay, S.A. de C.V., Electronic Payment Funds Institution
The National Banking and Securities Commission authorizes Quantum Pay, S.A. de C.V. to organize and operate as an Electronic Payment Funds Institution. The entity must maintain a minimum social capital equivalent to 500,000 UDIS and submit proof of compliance with operational requirements at least thirty business days before commencing activities. The authorization is intransmissible and subjects the institution to the supervision of the Commission and the Bank of Mexico under the Law for the Regulation of Financial Technology Institutions.