Regulatory Alerts2022-09-22 | DOF 5665180Added · Updated
Official Letter Granting Authorization for the Organization and Operation of EPlata Mexico, S.A. de C.V., Electronic Payment Funds Institution
The National Banking and Securities Commission authorizes E-Plata Servicios, S. de R.L. de C.V. to organize and operate an Electronic Payment Funds Institution named EPlata Mexico, S.A. de C.V. The authorized initial social capital is set at 8,000,000.00 Mexican pesos, with the entity's domicile in Mexico City and indefinite duration. The institution 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 and applicable general provisions.