Binance announced on September 1, 2025, the launch of Medá, a newly authorized Electronic Payment Funds Institution (IFPE) in Mexico, backed by a planned investment of more than one billion pesos ($53 million) over four years.
Binance Invests Over One Billion Pesos to Expand Fiat Services in Mexico
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Medá, operated by an independent vertical within Binance, will provide peso deposit and withdrawal services to facilitate on- and off-ramps between traditional finance and the digital-asset ecosystem, and is supervised by Mexican financial authorities. Binance says the initiative aims to bolster financial inclusion, education, compliance and competition in Mexico, positioning the country as a regional fintech hub while aligning operations with local regulatory standards.
