Regulatory Alerts2022-12-21 | DOF 5675151Added
Official Letter Granting Authorization for the Organization and Operation of a Crowdfunding Institution to be Named Fintigo, S.A.P.I. de C.V., Crowdfunding Institution
Authorization is granted for the organization and operation of Fintigo, S.A.P.I. de C.V. as a Crowdfunding Institution following a unanimous agreement by the Interinstitutional Committee. The authorization is subject to conditions established by the National Banking and Securities Commission, including an initial capital of $17,810,010.00 MXN, indefinite duration, and domicile in Mexico City. The entity must demonstrate compliance with Article 40 of the Law to Regulate Financial Technology Institutions at least 30 business days prior to commencing operations.