Mexico’s financial sector is undergoing a transformative shift, with non-bank financial institutions (NBFIs) leading the charge in innovation, accessibility, and financial inclusion. As traditional banks face increasing competition, NBFIs are seizing opportunities to deliver tailored lending, payment, and savings solutions. For entrepreneurs and global investors, 2025 offers an unparalleled window to establish a regulated NBFI in Mexico, leveraging a supportive regulatory framework and a growing market.

Why Choose Mexico?

Mexico’s expanding middle class, combined with progressive regulatory reforms, creates a fertile ground for NBFIs. The Comisión Nacional Bancaria y de Valores (CNBV) has streamlined oversight, fostering competition while prioritizing consumer protection. Unlike many markets, Mexico welcomes foreign ownership, allowing international players to establish operations without restrictive barriers. This flexibility enables seamless integration with offshore financial hubs, such as Puerto Rico, to build robust cross-border financial ecosystems.

Available NBFI Structures

Mexico offers a range of regulatory frameworks to suit diverse business models:

• SOFOM (Sociedad Financiera de Objeto Múltiple): These multi-purpose entities provide credit, leasing, and factoring services. Available in regulated (ER) form for enhanced credibilityradar: System: The SOFOM ENR structure allows businesses to launch quickly with minimal oversight, making it ideal for fintechs, crypto platforms, and alternative lenders, while the regulated SOFOM ER offers greater credibility for partnerships.
• SOFIPO (Sociedad Financiera Popular): Focused on financial inclusion, SOFIPOs offer deposit-taking, microloans, remittances, and insurance products, serving underserved communities with government-backed deposit insurance.
• SOCAP and Credit Unions: These cooperative models provide member-based financing, ideal for community-driven or SME-focused initiatives.
• SOFICO and Rural Institutions: Tailored for rural development, SOFICOs support agricultural and small-scale producers through credit, deposits, and leasing services.
• Fintech Licenses: Mexico’s Fintech Law enables crowdfunding platforms (IFC) and electronic payment institutions (IFPE), empowering neobanks and digital payment providers to innovate and compete with traditional banks.

Regulatory Developments in 2025

Mexico’s regulatory landscape is evolving to support NBFI growth while ensuring stability:

• Enhanced Capital Standards: CNBV’s adoption of Basel-inspired capital requirements strengthens financial resilience for regulated entities.
• Improved Deposit Protection: Expanded insurance for SOFIPO deposits boosts consumer confidence in non-bank institutions.
• Stricter AML/KYC Protocols: Digital onboarding and anti-money laundering measures face increased scrutiny, particularly for fintechs.
• Debt Collection Regulations: SOFOMs and other lenders are now accountable for the practices of third-party collectors, safeguarding borrowers.

Strategic Opportunities

Mexico’s push for financial inclusion, coupled with rising demand for alternative financial services, creates significant opportunities for NBFIs. Whether launching a digital payment platform, a microfinance lender, or a deposit-taking institution, Mexico’s regulatory structures support tailored business models. Additionally, integrating Mexican operations with international entities—such as banks in Puerto Rico—enables dual-market strategies, combining peso-based services with U.S. dollar-based custody or lending.

Start Your Journey

With Mexico’s favorable regulatory climate and growing market demand, 2025 is the ideal time to establish an NBFI. Selecting the right structure—whether a SOFOM, SOFIPO, or fintech license—is crucial for achieving compliance and building trust with regulators, partners, and customers.

Contact us today to explore how we can guide you through the process of launching a scalable, compliant non-bank financial institution in Mexico. From strategic planning to regulatory approval, we’ll help you build a thriving financial platform tailored to your vision.