SOFOM ENR (Sociedad Financiera de Objeto Múltiple, Entidad No Regulada)
The non-bank corporate structure most Mexican fintech microlenders use, distinct from a licensed bank.
A SOFOM ENR is a Mexican non-bank financial company authorized to lend and charge interest but not to take customer deposits like a bank — a lighter corporate structure than a full banking license, which most Mexican fintech microloan providers use to operate. "ENR" (Entidad No Regulada) means it is not directly supervised the way a deposit-taking bank is.
A SOFOM ENR must still register and comply with consumer-protection and anti-money-laundering rules enforced primarily by CONDUSEF and, where applicable, the CNBV and Mexico's Fintech Law. Because oversight is lighter than for a full bank, checking a lender's registration on CONDUSEF's public "Buró de Entidades Financieras" tool is one of the most useful verification steps before borrowing from a SOFOM-structured fintech app.