PRETECH

Pretech, formally known as Pretech, S.A. de C.V., Institución de Fondos de Pago Electrónico, is a Mexican fintech company authorized by the National Banking and Securities Commission (CNBV) to operate as an Electronic Payment Funds Institution (IFPE) under Mexico's Fintech Law. The company specializes in electronic voucher management and employee benefit solutions for businesses across Mexico. Pretech operates under the legal entity originally named Previsión del Trabajo, S.A. de C.V., and submitted its authorization application to the CNBV on September 25, 2019. After a lengthy regulatory review process that lasted 1,391 days, the company received unanimous approval from the Interinstitutional Committee in June 2021, with official publication in the Official Gazette of the Federation in July 2023. This made Pretech one of the longest authorization processes among Mexican fintechs, though it ultimately secured full regulatory compliance. The company provides electronic payment fund services through cards and digital platforms, enabling employees to access corporate benefits, manage expense reimbursements, and conduct financial transactions including transfers, bill payments, and cash withdrawals at authorized establishments. Pretech's products are designed for businesses seeking to digitize employee benefit programs such as food vouchers, transportation allowances, and corporate expense management. With initial capital of 18.8 million Mexican pesos, Pretech is headquartered in Magdalena Contreras, Mexico City, and maintains supervision by both the CNBV and Banco de México. The company operates through its platform available via mobile application and website, serving corporate clients across Mexico while adhering to strict regulatory standards for electronic payment institutions.