Introduction of New Leadership and Continued Presidency of Felipe Vallejo
The Fintech Mexico Association has announced the formation of its new Board of Directors for 2025, along with the re-election of Felipe Vallejo as president for a third consecutive year. This decision comes at a pivotal moment for Mexico’s digital financial ecosystem and reinforces the association’s alignment with “Plan Mexico,” championed by President Claudia Sheinbaum.
As the primary facilitator of Mexico’s fintech sector, Fintech Mexico has reaffirmed its dedication to smart regulation, inter-institutional collaboration, and the development of a more accessible, competitive, and sustainable financial system.
Fintech Mexico and Plan Mexico: A Shared Vision
Fintech Mexico has reiterated its commitment to the objectives of Plan Mexico, emphasizing alignment with key goals such as promoting financial inclusion in rural areas and underserved communities, strengthening digital financial education and technological training, and expanding digital payment infrastructure, interoperability, and connectivity.
Moreover, the association has expressed its readiness to support regulatory efforts that foster secure and sustainable innovation within the financial sector. In its recent report, “The Evolution of Digital Financial Services in Mexico 2025: An Analysis of the Current Landscape, Trends, and Regulatory Recommendations”—co-authored with Deloitte and Creel—Fintech Mexico highlighted significant advancements, including:
- A 281% growth in the acquisition of financial products through non-bank applications between 2021 and 2024.
- Over 4.559 billion SPEI transactions processed in the past year.
- An increasingly important role of fintechs in providing responsible credit access and personalized financial services.
Call for Collaboration
Fintech Mexico has urged authorities, media, ecosystem actors, and financial institutions to continue working together to build a fairer, safer, and more transparent financial system for the entire population.
Key Questions and Answers
- Who is Felipe Vallejo, and why is his re-election significant? Felipe Vallejo has been re-elected as president of the Fintech Mexico Association for a third consecutive year. His leadership is crucial as the association navigates a critical juncture for Mexico’s digital financial ecosystem.
- What is Plan Mexico, and how does Fintech Mexico align with its objectives? Plan Mexico is a strategic initiative led by President Claudia Sheinbaum. Fintech Mexico supports this plan by focusing on financial inclusion, digital education, and sustainable innovation within the financial sector.
- What recent advancements has Fintech Mexico reported in the digital financial services sector? Fintech Mexico has highlighted a 281% growth in non-bank application-based financial product acquisitions, over 4.559 billion SPEI transactions processed in the past year, and an increasingly important role of fintechs in responsible credit access and personalized financial services.
