CNBV revokes Superdigital's Mexico payment license as part of Santander strategy

Mexico's CNBV revoked Superdigital's payment license following a request by the company linked to Santander.

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As of 2026-09-01 20:30 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

The CNBV revoked the authorization for SDMX Superdigital to organize and operate as an Electronic Payment Funds Institution (IFPE) in Mexico. ^[1] Getnet Mexico, a payment solutions company owned by the Grupo Santander group, announced the appointment of Fernando Benito Olivares as its new CEO. ^[2] Superdigital requested the revocation of its license through various documents submitted over a one-year period between May 2025 and May 2026. ^[3] The revocation is part of Grupo Santander's strategy to withdraw and permanently close Superdigital in various Latin American markets. ^[4] The revocation was approved unanimously by the members of the CNBV's Interinstitutional Committee during an extraordinary session held on August 19 of this year. ^[5] Fernando Benito Olivares will lead the next stage of business growth and strengthen the company's proposal for entrepreneurs, merchants, and businesses in Mexico. ^[6] In 2025, Getnet processed more than 238 billion euros through 10.5 billion transactions, serving 1.2 million clients. ^[7] Felipe García Ascencio, CEO of Grupo Financiero Santander Mexico, stated that Olivares' incorporation is fundamental to consolidating Getnet's value proposition in Mexico. ^[8]

What this stands on

The CNBV revoked the authorization for SDMX Superdigital to organize and operate as an Electronic Payment Funds Institution (IFPE) in Mexico. · EL CEO

Getnet Mexico, a payment solutions company owned by the Grupo Santander group, announced the appointment of Fernando Benito Olivares as its new CEO. · El Economista

Superdigital requested the revocation of its license through various documents submitted over a one-year period between May 2025 and May 2026. · EL CEO

The revocation is part of Grupo Santander's strategy to withdraw and permanently close Superdigital in various Latin American markets. · EL CEO

The revocation was approved unanimously by the members of the CNBV's Interinstitutional Committee during an extraordinary session held on August 19 of this year. · EL CEO

Fernando Benito Olivares will lead the next stage of business growth and strengthen the company's proposal for entrepreneurs, merchants, and businesses in Mexico. · El Economista

In 2025, Getnet processed more than 238 billion euros through 10.5 billion transactions, serving 1.2 million clients. · El Economista

Felipe García Ascencio, CEO of Grupo Financiero Santander Mexico, stated that Olivares' incorporation is fundamental to consolidating Getnet's value proposition in Mexico. · El Economista

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