eplata

ePlata Mexico (ePlata Mexico S.A. de C.V., Institución de Fondos de Pago Electrónico) is a regulated electronic payment fund institution authorized, supervised, and regulated by Mexican financial authorities under the Ley Fintech (Financial Technology Law). The company operates as part of a broader international payment ecosystem with operations in the United States, Kazakhstan, and planned expansion to the Philippines. ePlata provides multi-currency digital wallet services and electronic payment solutions primarily targeting the unbanked and financially underserved population in Mexico. The platform enables users to open electronic payment fund accounts (Cuentas de FPE) for receiving, storing, and transferring funds in Mexican pesos. Key services include peer-to-peer money transfers, cross-border remittances, digital bill payments at over 100 Mexican vendors, payroll solutions, and retail transactions. The company operates through both mobile and browser-based platforms, positioning itself as a tool to connect the unbanked population to the digital economy. As an IFPE, ePlata maintains customer funds in segregated custodial accounts with authorized Mexican financial entities, separate from its corporate accounts, ensuring customer protection. The platform works in coordination with ePlata USA, though operations in the United States are not subject to Mexican Fintech Law regulations. ePlata's Mexico office is located at Montes Urales 424, Lomas de Chapultepec in Mexico City. The company was founded in 2014 and serves individuals and businesses seeking accessible digital financial services without traditional banking requirements or geographic restrictions.