TRAFALGAR

Trafalgar is a Mexican financial technology company operating as a Sociedad Financiera Popular (SOFIPO), a regulated financial institution authorized by the National Banking and Securities Commission (CNBV). The company received CNBV authorization to begin operations in October 2025, marking it as the first new SOFIPO approved by the regulatory body in over a decade. Trafalgar is led by founder and CEO Porfirio Sánchez-Talavera, who previously founded Trafalgar Digital IFPE, a separate payments fintech that was acquired by Walmart Mexico in 2023. The current Trafalgar entity is an independent standalone company focused on serving small and medium-sized enterprises (SMEs) in Mexico. The platform provides a comprehensive suite of digital financial services including business credit, investment products with annual yields up to 10.49 percent, business accounts with SPEI transfers, digital cards, point-of-sale systems, and foreign exchange services. Trafalgar positions itself as a turbofintech, combining fintech agility with traditional banking reach. The company leverages artificial intelligence and advanced analytics to address the significant credit gap facing Mexican SMEs, which represent 52 percent of the country's GDP but have limited access to formal financing. Trafalgar operates on Thought Machine's cloud-native core banking platform Vault Core, making it among the first Mexican fintechs deployed on next-generation core banking technology. As of 2024, the company had attracted approximately 6,000 SME clients with 500 million dollars in deposits and monthly transaction volumes exceeding 1.5 billion dollars. The institution secured debt facilities totaling up to 50 million dollars in 2024, with additional financing arrangements under development. Trafalgar was recognized as a finalist at the Banking Tech Awards 2025 in categories for business lending and SME banking technology.