Launch Your Mexico Financial Services Entity with Confidence

Mexico has emerged as one of the most dynamic financial service jurisdictions in Latin America. With a maturing regulatory framework and growing demand for credit, savings, and digital financial solutions, Mexico’s non-bank financial institution (NBFI) licenses offer a strategic opportunity for local and international operators alike. These structures allow businesses to legally offer lending, savings, payments, foreign exchange, and even crypto-related services—all without forming a traditional bank.

The landscape of NBFIs in Mexico is broad and highly adaptable. Key license types include the Sociedad Financiera de Objeto Múltiple (SOFOM), Sociedad Financiera Popular (SOFIPO), Sociedad Cooperativa de Ahorro y Préstamo (SOCAP), and Fintech Licenses under the 2018 Fintech Law, including crowdfunding (IFC) and electronic payment institutions (IFPE). Additional options include SOFOLs (limited-purpose lenders), SOFICOs (community-based financial entities), Credit Unions, Casas de Cambio, Money Remitters (Transmisores de Dinero), and warehouse lending companies (Almacenes Generales de Depósito).

Each license type serves a specific market need. For example, SOFOMs are widely used by fintech lenders and crypto platforms due to their operational flexibility and relatively fast setup time. SOFIPOs, which include deposit-taking, are more heavily regulated and ideal for inclusive financial institutions serving the unbanked. SOCAPs and SOFICOs promote community development and cooperative ownership, while fintech licenses allow for full digital operations within a regulated CNBV framework.

Our firm helps clients navigate this complex regulatory environment by providing complete licensing and structuring services. Whether you’re launching a credit platform, savings product, FX operation, remittance corridor, or blockchain-based financial service, we’ll identify the right license type, handle the regulatory filings, and build the compliance infrastructure required to maintain good standing.

We also specialize in cross-border structuring. Many of our clients pair a Mexican financial license with a U.S.-based MSB or an International Financial Entity (IFE) licensed in Puerto Rico under Act 273. This dual-structure approach allows for onboarding customers in Mexico while managing USD custody, credit, or international payments from abroad. It’s an ideal setup for fintechs, digital banks, and global credit platforms.

With recent regulatory changes enhancing AML enforcement, expanding deposit insurance (for SOFIPOs), and tightening oversight of remote onboarding and debt collection, 2025 is a critical year for entering the Mexican financial services market. Whether you are targeting SMEs, rural populations, or digital-native consumers, Mexico’s NBFI licenses offer a clear, cost-effective, and scalable path forward.

We’re here to help you evaluate your options and execute a plan that meets your business goals. From business plan development and financial modeling to compliance documentation and regulatory approval, our team offers a complete solution. Let’s build something world-class—right here in Mexico.