Miio

Miio is a Mexico City payments app (Miio Payments), filed on CNBV IFPE-class lists. It is not IPAB and it is not a banco múltiple. Klar is SOFIPO. Nu México is a bank conversion. albo is the IFPE this desk already scores. Keep a banco current account. Use Miio as spend-and-pay if the app wins. Directories that call it a digital bank are selling an IFPE as a charter.

Founded 2017, CDMX. Portuguese EV-charging miio.com is a different company. This slug is the Mexican money app. Do not flatten them.

Miio lists IFPE-class — Miio Payments. Not a banco. Not SOFIPO. Not IPAB under CNBV in Mexico. On safeguarding we currently write: Not IPAB. IPAB is for banks. Miio is a payments / IFPE-class app. Klar and kubo are SOFIPO (25,000 UDIS). albo is IFPE. Three Mexican objects — this one is payments.. Holder / issuer line: Miio Payments / card issuer stack — not a banco. An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 1 live markets on the product. As we score the sticker: monthly Freemium / prepaid — confirm live; FX Not a travel bank; ATM Prepaid schedule. This desk would open it for: Mexico residents who want a payments app and already keep a banco salary account.

What it does well: Named as payments, not a banco; Same IFPE family as albo; Not pretending to be Nu’s bank conversion. What to watch: Not IPAB; Public licence page is thinner than albo’s; Directories say neobank. Desk score 5.7 / 10 (safety 4.8, fees 7.2, features 6.4, app 6.8). Last verified 2026-08-30. Headquartered in Mexico City, Mexico; founded 2017. None of this is advice — it is a file so you can read the entity before the card colour.