Spin by oxxo obtains authorization to operate as an electronic payment entity in mexico

Monterrey, mexico, oct. 07, 2022 (globe newswire) -- fomento econÓmico mexicano, s.a.b. de c.v. (“femsa” or the “company”) (nyse: fmx; bmv: femsaubd, femsaub) announced today that its subsidiary compropago s.a.p.i. de c.v. has successfully completed the regulatory process required under the mexican fintech legal framework and has been authorized by the comisiÓn nacional bancaria y de valores (“cnbv”) to operate as “instituciÓn de fondos de pagos electrÓnico” (“ifpe”).
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