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Regulatory Dashboard

97

Authorization records in the index

IFPE, IFC, banks and SOFIPO · DOF

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Top sectors by cases

1
IFPE61
2
IFC27
3
Banks7

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783Days

Average of all 97 authorization records in the index: IFPE, IFC, banks and SOFIPO

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Average by sector

1
IFPE777d
2
IFC878d
3
Banks510d

97 authorization records in the index

Maximum observed
1,785 days
Minimum observed
68 days
Range spread
1,717 days

Source: DOF (dataset build 30 September 2026)

ⓘ Historical observations from DOF data, not guarantees of future timelines.

Methodology: how these figures are defined

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416 / 418Days

Legal Paradox® — most recent IFPE · IFC

Sylon · Inverteca (Grupo Quindalo), DOF 10 Apr 2023 — 46% · 52% less time

Source: DOF. Results of 10 Apr 2023, each against its license's market average (dataset build 30 September 2026)

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Most recent authorization by license

1
IFPE · Sylon416d
2
IFC · Inverteca (Grupo Quindalo)418d

ⓘ Historical observations from DOF data, not guarantees of future timelines.

Methodology: how these figures are defined

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361 · 460Days

Time saved

Days fewer than each license's market average, IFPE · IFC

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Difference by license

1
IFPE361d
2
IFC460d

88 ITF authorizations (61 IFPE · 27 IFC)

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ⓘ Historical observations from DOF data, not guarantees of future timelines.

Methodology: how these figures are defined

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97 authorization records in the index (dataset build 30 September 2026)

Single, dated results, not averages, not a guarantee.

Days are calendar days from the first application filing, as stated in the authorization document (“Con escrito presentado el…”), to the date the authorization is published in the DOF, not the date of the authorization document.

Authorization Timeline

Industry vs Legal Paradox® comparison

783

days avg

97 authorization records in the index

416 / 418

days, IFPE · IFC

Legal Paradox® (2)

Less time than the market average46% · 52% less time

361 · 460 days fewer than each license's market average

By administration

A. Palma

The first ITF authorization (also the first IFPE): 68 days

All CNBV authorizations in the index

JP Graf

~594d

22 auths

All CNBV authorizations in the index

J. de la Fuente

~853d

73 auths

All CNBV authorizations in the index

Á. Cabrera

The only authorization published in that era: 574 days

All CNBV authorizations in the index

Averages over all CNBV authorizations in the index (97 of 97)

Authorization Registry

Showing 25 of 97 results

Entity
Sector
Time to Auth
Auth Date
CNBV President
DOF
Sylon
IFPEApr 10, 2023Jesús de la Fuente
Inverteca
IFCApr 10, 2023Jesús de la Fuente
Nvio
IFPEJan 22, 2020Adalberto Palma
Cashi Cuenta
IFPEMar 18, 2021Juan Pablo Graf
CBM Banco
BankSep 05, 2023Jesús de la Fuente
Belvo
IFPEMay 12, 2022Jesús de la Fuente
Ucombi
IFCApr 10, 2023Jesús de la Fuente
Dep y Pag Dig
IFPENov 25, 2022Jesús de la Fuente
Fintigo
IFCDec 21, 2022Jesús de la Fuente
Alto Azareo
IFPEApr 10, 2023Jesús de la Fuente
Finsphera
IFCDec 12, 2022Jesús de la Fuente
Paycaster
IFPEAug 12, 2024Jesús de la Fuente
Finalitix
IFPEAug 15, 2023Jesús de la Fuente
Accesa
IFPEJun 19, 2023Jesús de la Fuente
Neritopay
IFPEMay 19, 2023Jesús de la Fuente
Mozper
IFPEJan 16, 2023Jesús de la Fuente
Crowdlink
IFCOct 29, 2021Juan Pablo Graf
Cashmind
IFPEAug 15, 2023Jesús de la Fuente
Hadar Send
IFPESep 21, 2023Jesús de la Fuente
Hey Banco
BankJul 21, 2023Jesús de la Fuente
Kuhnipay
IFPEJul 17, 2023Jesús de la Fuente
Lana
IFPEOct 29, 2021Juan Pablo Graf
Pomelo
IFPENov 16, 2023Jesús de la Fuente
Sdmx
IFPENov 16, 2021Jesús de la Fuente
Arcus Fi
IFPESep 21, 2023Jesús de la Fuente

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Authorization time:
< 500 days
500-900 days (Average)
> 900 days

Data sourced from the Official Gazette of the Federation (DOF)

Dataset build 30 September 2026; latest authorization recorded 15 October 2025