MEXICO

Mexico's Open Banking journey is fuelled by a commitment.

To address financial inclusion challenges and empower its population. With over 42 million unbanked individuals, Open Banking has the potential to extend financial services to underserved communities.

Mexico's journey is guided by the FinTech Law, enacted in 2018, which establishes a strong foundation for secure data-sharing. API integration within the law reflects Mexico's dedication to standardized and secure practices. By embracing Open Banking, Mexico leads in financial innovation and inclusion. The focus on collaboration, addressing financial exclusion, and fostering innovation paves the way for a dynamic and inclusive financial ecosystem, empowering all Mexicans in the digital economy.


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Updated: November 2023

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