About Monex S.A.B.

OUR COMPANIES

Monex Grupo Financiero
Our main subsidiary, Monex Grupo Financiero, is composed of three financial institutions: Banco Monex (Bank), Monex Casa de Bolsa (Brokerage House), and Monex Operadora de Fondos (Fund Company). Our focus is to be the main provider of diverse financial products and services for national and international companies, with the purpose of building long-lasting relationships with our clients.

The customized attention that we offer, and the broad experience of our sales force allow our clients to access multiple specialized products and services which fulfill their need for banking and brokerage services.

International Segment: Monex Securities, Tempus, and Monex Europe

In 2001, we acquired CBI Casa de Bolsa and its subsidiary CBI International Securities, Inc. (currently Monex Casa de Bolsa and Monex Securities, respectively), which is a broker dealer registered in the United States.

In April 2010, we started the international expansion of our foreign exchange and international payments business upon the acquisition of Tempus, leading provider of foreign exchange and international payments for companies in the United States. Tempus has three offices in the United States: Washington, D.C. (headquarters), New York, and Los Angeles.

With the purpose of becoming one of the largest specialists in foreign exchange and international payments of the world, in 2012, we acquired Schneider Foreign Exchange Limited, provider of foreign exchange and international payments for large, medium-sized and small companies and financial institutions in the United Kingdom. This financial entity changed its name to "Monex Europe Limited" and currently it is an indirect subsidiary of Monex, S.A.B. de C.V.

Monex Europe Limited has offices in London, United Kingdom; Madrid, Spain; and Amsterdam, Netherlands.

Monex Europe Holdings Limited manages three companies engaged in foreign exchange transactions and international payments services:

» Monex Canada, Inc., headquartered and domiciled in Toronto, province of Ontario in Canada, is authorized by the Office of the Superintendent of Financial Institutions (OSFI) under the Ministry of Finance of that country. It is also registered in the Financial Transactions and Reports Analysis Center of Canada (FinTrac), a Canadian government agency that supervises the compliance with Anti-Money Laundering regulations.

» MonFX PTE, Ltd., is a company established on 2016 in the Republic of Singapore and is authorized to operate by the Monetary Authority of Singapore (MAS). The investment of Monex Europe Holdings Limited in MonFX PTE was authorized by the CNBV.

» Monex Europe, S.A., is incorporated in the Grand Duchy of Luxembourg under registration number B230160. At the end of 2020, it received the approval of the Commission de Surveillance du Secteur Financier of Luxembourg to obtain the respective licenses and authorizations, having obtained the license to operate as an authorized payment institution.

Following the acquisitions of Tempus and Monex Europe, Monex has become a relevant player worldwide as a specialist in the foreign exchange and international payments market

Arrendadora Monex

In June 2018, we acquired Arrendadora Avance, S.A. de C.V., a leasing company specialized in SMEs. Arrendadora Monex offers the pure leasing product for transportation-related assets as well as for machinery and equipment from various industries within the national territory. The clients of Arrendadora Monex are both individuals with business activities and legal entities who find in the pure leasing a financing mechanism with a very important fiscal component.