The National Baking and Stock Commission (CNBV), through the Secretary of Finance, announced that the companies SDMX Superdigital and PRIMETIME have been authorized to operate as electronic payment fund institutions, under the terms of the law to regulate Financial Technology Institutions, also known as fintech law.
This Tuesday, in the Official Journal of the Federation (DOF), the authorizations for these two firms were published, so there are already 24 platforms that have obtained the endorsement to be established and operate under this law and the publication of the permits to 30 more companies is expected. In the next weeks.
The electronic payment fund platforms that have obtained your authorization so far are:
- NVIO Payments
- Trafalgar Digital
- BRX Payments
- Inguz Digital
- BKBN
- Your Digital Money
- STP Transfer and Payment System
- ColtoMoney
- Cuenca, Mexpago
- Lana
- SDMX Superdigital
- PRIMETIME
While those of collective funding are: Fundary, Likideo MX, BXL Fintech, Doopla, Prestadero, M2Crowd, Cien Ladrillos, Play Business, Crowd Up Mex, Fintech on Demand and CrowdLink.
Along with this authorization process, there have also been rejections by the authority to platforms that sought to operate under the law, but that did not comply with the requirements established to obtain the guarantee.
As published in the DOF, SDMX Superdigital will have its registered office in Mexico City and the amount of its initial capital stock will be 47 million 500,000 pesos, while PRIMETIME will have an initial share capital of 28 million 952,000 pesos.
“The institution will be subject to the supervision of the CNBV and from Bank of Mexico, in the exercise of their respective attributions, as well as, of the other competent financial authorities in the terms that the laws provide ”, it can be read in both offices published in the DOF.
Reference-www.eleconomista.com.mx