Why Entrepreneurs Are Launching Fintech Startups in Mexico in 2026

By easyco Updated October 10, 2026

Mexico is one of Latin America’s leading fintech markets. A large population that still relies on cash, fast growth in digital payments and a dedicated Fintech Law attract founders and investors. Here is what you need to know before launching in 2026.

What’s fueling the fintech boom in Mexico?

1. A dedicated legal framework

The 2018 Law to Regulate Financial Technology Institutions (Ley Fintech) created two licensed types of fintech: electronic payment fund institutions (IFPE) and crowdfunding institutions (IFC). It also allows temporary authorizations to test innovative models under supervision.

2. Digital payments and financial inclusion

Banco de México’s SPEI system settles transfers in seconds, and a large share of adults still lack access to formal credit. That leaves room for payments, lending and savings products.

3. Access to capital and regional expansion

Mexico has an active venture capital community, and many startups use the country as a base for expanding across Latin America.

Fintech licensing in Mexico: what you need to know

IFPE and IFC licences are granted by the CNBV, Mexico’s banking and securities regulator, after review by an inter-agency committee that includes Banco de México and the Ministry of Finance.
Applicants must be Mexican companies, usually an S.A. de C.V., and meet capital, governance, IT security and anti-money-laundering requirements.
Some lending models operate as a non-regulated SOFOM, which has lighter rules but still registers with CONDUSEF and follows anti-money-laundering obligations.
Licensing work is done with specialized regulatory counsel.

Setting up the company

A fintech first needs a Mexican company with its RFC, a registered tax address and a bank account. See the types of companies in Mexico.

Why Mexico is a smart fintech bet

A large underbanked market, a clear licensing route and strong investor interest make Mexico a natural first market for Latin American fintech.

Get help from Easyco

Easyco coordinates the company setup in Mexico up to the issue of the RFC, and supports companies afterwards with tax, accounting, payroll and company compliance, including a registered office address. Read how to set up a company in Mexico, or contact us to discuss your project.