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Bayport Financial Services Mexico
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Part of the international group Bayport Management Ltd (BML), Bayport México began operations in 2014. It is a regulated, non-bank financial institution (SOFOM, E.N.R.) focused on promoting financial inclusion. The company's core business revolves around offering "créditos de nómina" (payroll loans), where loan repayments are automatically deducted from the borrower's salary. This model targets employees of government agencies and public institutions with which Bayport has established agreements, ensuring a lower-risk lending process.
Mexico
Industry
Financial