About
Monex S.A.P.I.

Our companies

Monex Grupo Financiero

Our main subsidiary, Monex Grupo Financiero, is composed of three financial entities: Banco Monex, Monex Casa de Bolsa, and Monex Operadora de Fondos. Our focus is to be the leading provider of a wide range of financial products and services for both companies and individuals, aiming to establish long-lasting relationships with our clients.

The personalized attention we offer, combined with our highly experienced sales force, enables clients to access various specialized products and services tailored to their financial needs.

International subsidiaries:
Monex USA, Monex Canada, Monex Europe, Monex Europe Markets, Monex Europa, Monex Europe Markets SV, MonFX Pte, Monex Asset Management, and Monex Securities.

In 2001, we acquired CBI Casa de Bolsa, S.A. de C.V., CBI Grupo Financiero (now Monex Casa de Bolsa) and its USA subsidiary CBI International Securities, Inc. (now Monex Securities, , a registered broker-dealer) and also established Monex Asset Management in the USA, a registered investment advisor, both entities located in Houston, Texas with offices in San Antonio and San Diego.

In April 2010, we began the international expansion of our foreign exchange and cross-border payments business with the acquisition of Tempus, a leading provider of foreign exchange and international payment services for companies in the United States. As of January 2022, Tempus was rebranded as Monex USA. Monex USA has three offices in the United States: Washington, D.C. (headquarters), New York, and Los Angeles.

Aiming to become one of the largest specialists in foreign exchange and cross-border payments worldwide, in 2012 we acquired Schneider Foreign Exchange Limited, a provider of foreign exchange and cross-border payment services for large corporations, small and medium-sized enterprises, and financial institutions in the United Kingdom. This entity changed its name to “Monex Europe Limited” and it operates as an Authorized Payment Institution, headquartered in London and we incorporated Monex Europe Markets also in London which operates as an investment firm.

In 2023, Monex Europa, S.L. was incorporated in Spain, authorized as a payment entity (foreign exchange, cross-border payments, and money transmission) by the Banco de España. In the same year, Monex Europe Markets, S.V. was incorporated in Spain, authorized as a securities company by the Comisión Nacional del Mercado de Valores. Both companies have offices in Madrid and branches in Amsterdam, Netherlands.

Monex Canada is authorized by the Office of the Superintendent of Financial Institutions (an institution under the Department of Finance Canada) to offer foreign exchange, cross-border payments, and money transmission. Monex Canada is also registered before the Financial Transactions and Reports Analysis Centre of Canada (FinTrac). Monex Canada’s headquarters are located in Toronto and has a branch in Vancouver.

MonFX is incorporated in the Republic of Singapore, authorized by the Monetary Authority of Singapore as a payment entity (foreign exchange, cross-border payments, and money transmission) and to operate in the stock market.

The acquisitions of Monex USA and Monex Europe have provided us with a strong foothold in the foreign exchange markets of the United States, Canada, Europe, and Asia. Through these companies, we gain market insights that offer detailed analysis, helping us understand the dynamics of FX markets. As a result of these acquisitions, we have become a significant global player as specialists in foreign exchange and payments, offering personalized and flexible services.

Arrendadora Monex

In June 2018, we completed the acquisition of Arrendadora Avance, S.A. de C.V., a leasing company specializing in serving SMEs with leasing needs. This acquisition strengthened the financing options we offer to our clients. Arrendadora Monex provides leasing services for all kinds of personal property, equipment, motor vehicles, machinery, specialized equipment, accessories, and other assets.