PAGOFON

PAGOFON is a mobile wallet platform operated by Coltomoney S.A. de C.V., designed to provide financial inclusion for Mexico's unbanked and underbanked population. The company offers a mobile application that enables users to access financial services without requiring a traditional bank account. PAGOFON provides users with a CLABE account number for interbank transfers and facilitates transactions through a network of agent retailers including Walmart, Bodega Aurrera, and local commissioned agents. Core services include peer-to-peer money transfers via mobile numbers or bank accounts, bill payments for public and private services, mobile airtime top-ups, QR code payments, and cash deposits and withdrawals at retail locations. The platform also features digital savings pockets for budgeting, group savings circles with friends, and the ability to receive remittances from the United States. The service requires no opening fees, monthly maintenance charges, minimum balance requirements, or permanence terms. Account opening takes approximately five minutes through the mobile app without paperwork or branch visits. PAGOFON operates as a 100% Mexican company and positions itself as the first business line of Coltomoney, focusing on electronic payment services to reduce cash usage. The platform also offers a separate agent application enabling retailers to provide financial services to their communities and generate additional revenue. PAGOFON is headquartered in Nueva Industrial Vallejo in the Gustavo A. Madero municipality of Mexico City.