EFECTIVALE

Efectivale is a Mexican financial services company founded in 1989 that operates through its regulated fintech entity, Efectifintech S.A. de C.V., Institución de Fondos de Pago Electrónico. The company specializes in providing corporate expense management solutions and employee benefit programs for small, medium, and large enterprises across Mexico. Efectifintech received authorization from the Comisión Nacional Bancaria y de Valores (CNBV) in July 2023 to operate as an electronic payment funds institution under Mexico's Fintech Law, enabling it to issue, manage, transmit, and redeem electronic payment funds. The company's product portfolio is organized into four main categories: fuel management through Efecticard Combustible and Efectitag products that provide fleet expense control with nationwide coverage at affiliated gas stations; grocery vouchers via Efecticard Despensa Plus for employee food assistance programs that comply with tax regulations; meal benefits through Efecticard Comida for restaurant expenses; and corporate travel and expense management via Efecticard Viajes y Gastos for business travel reimbursements. Efectivale operates with Mastercard network support for its card products and maintains over 47,000 affiliated establishments nationwide. The company is headquartered in Ciudad de México at Campeche 290, Colonia Hipódromo, with additional offices in Monterrey, Guadalajara, and other major Mexican cities. Efectivale employs between 201-500 staff members and offers both physical vouchers and digital card solutions supported by mobile applications for balance inquiries, fund requests, and administrative oversight. As a regulated IFPE, Efectifintech maintains segregated client funds in compliance with CNBV accounting standards and operates under the supervision of Mexican financial authorities.