ComproPago
ComproPago, operating as Spin by OXXO, is a Mexico-licensed fintech providing unbanked consumers a mobile digital account, Visa debit card, QR payments, and airtime reloads, distributed through the OXXO convenience store network.
- Company typePrivate
- Founded2013
- HeadquartersMexico City, Mexico
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What ComproPago does
ComproPago, legally Compropago, S.A. de C.V., Institución de Fondos de Pago Electrónico, is a Mexico-based, CNBV-regulated fintech institution authorized under the Ley para Regular las Instituciones de Tecnología Financiera (Mexico's Fintech Law). Originally incorporated in 2013 as a platform enabling online businesses to receive cash payments in a market with low card penetration, the company has evolved to operate consumer-facing financial services under the Spin by OXXO brand. Headquartered in Mexico City, the firm maintains an intentionally lean team of 1–10 employees and is privately held.
The core product is the Spin by OXXO mobile app, available on Google Play, the Apple App Store, and Huawei App Gallery. The app provides a CLABE-based digital account, a co-branded Visa debit card accepted at all merchants worldwide, in-store QR code payments, airtime reload, the Spin Premia loyalty program, the La Uni Spin university sub-brand, and Metrobús mobility integration in Mexico City. Distribution combines self-serve digital onboarding with physical cash-in, card pickup, and in-person servicing through OXXO's 20,000+ convenience store network in Mexico, giving the product a hybrid digital/physical footprint that is unusual in the regional neobank segment.
The business model is transaction-fee based, generating revenue from payment processing on QR transactions, card interchange, money transfers, and reload services, with costs and commissions disclosed via a dedicated 'costos-y-comisiones' page rather than published pricing tiers. The go-to-market is product-led growth: users self-onboard via the mobile app, and adoption is driven by the OXXO retail footprint and brand recognition rather than by direct sales. The target customer segment is unbanked and underbanked Mexican consumers who want a digital financial account without the friction of traditional bank branches.
ComproPago firmographics
Firmographics- Name
- ComproPago
- Legal name
- Compropago, S.A. de C.V., Institución de Fondos de Pago Electrónico
- Website
- https://compropago.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- ComproPago, operating as Spin by OXXO, is a Mexico-licensed fintech providing unbanked consumers a mobile digital account, Visa debit card, QR payments, and airtime reloads, distributed through the OXXO convenience store network.
- Ownership category
- akta.pro rank
ComproPago industry classification
Industry- Product category
- Digital Banking / Mobile Payment Platform
- NAICS
- Credit Card Issuing (522210)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Card-Not-Present / eCommerce Acquirers (FSAMABAD)
- akta.pro secondary industry
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
Keywords
Where ComproPago is headquartered
LocationHeadquarters
- HQ city
- Mexico City
- HQ country
- Mexico
- HQ region
- Latin America
Markets served
ComproPago business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure, Others
Revenue model
- Transaction and Payment Fees: Revenue generated from payment processing fees on QR transactions, card transactions, and money transfers. As a regulated electronic payment fund institution (Institución de Fondo de Pago Electrónico), the company charges transaction fees for moving money, paying bills, and reload services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Standard digital account with Visa debit card |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
ComproPago product offering
Product offeringCore offering
ComproPago (operating as Spin by OXXO) is a Mexico-based, CNBV-regulated electronic payment fund institution that delivers a mobile-first digital wallet app for consumers. The product bundle includes a digital account with CLABE interbancaria, a co-branded Visa debit card, QR-based in-store payments, airtime recharge, money transfers, and the Spin Premia loyalty program, all distributed through the OXXO retail network.
Product overview
ComproPago operates Spin by OXXO as a unified digital financial services platform under the Ley para Regular las Instituciones de Tecnología Financiera (Fintech Law) in Mexico. The core offering centers on the Spin by OXXO digital wallet app, which combines a digital account (Cuenta Digital) with a Visa-branded debit card (Tarjeta Spin by OXXO Visa). Users access features including QR payments for in-store purchases, airtime recharge, the Spin Premia loyalty program, and Metrobús mobility integration. The platform also extends into the university segment through La Uni Spin by OXXO. The company, registered as Compropago, S.A. de C.V., is an Institution of Electronic Payment Funds (Institución de Fondos de Pago Electrónico) authorized and regulated by Mexican financial authorities.
Differentiator
Problem solved
Functional benefit
Products and services
- Spin by OXXO App A digital wallet and personal finance mobile application that enables users to create digital accounts, obtain a Visa debit card, make QR payments, recharge airtime, and manage their money, leveraging the OXXO retail network in Mexico.
- Cuenta Digital Spin by OXXO A digital bank account with a CLABE interbancaria that allows users to receive deposits, send money, make transfers, and manage personal finances without visiting a traditional bank branch.
- Tarjeta Spin by OXXO Visa A Visa-branded debit card linked to the Spin by OXXO digital account, accepted at all physical and online merchants worldwide, with loyalty benefits through the Spin Premia program.
- Spin Premia A loyalty and rewards program that gives benefits and rewards to Spin by OXXO users when they pay with their card.
- La Uni Spin by OXXO A university-focused program offering tailored financial services for students and academic communities.
- Muévete con Metrobús A mobility integration that allows Spin by OXXO users to access and pay for Metrobús public transportation services in Mexico City directly from the app.
Companies that use ComproPago
Customer profileSegments1 record
Ideal customer profiles2 records
ComproPago technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
ComproPago partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- VisacoreSpin by OXXO issues a co-branded Visa debit card that allows account holders to make purchases at any merchant worldwide that accepts Visa, both in-store and online. This partnership provides the payment network infrastructure and global acceptance required for the product to function as a full financial account.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
ComproPago competitors and assessment
Company assessmentRegional players
- Nequi: Latin American digital wallet (primarily Colombia) backed by Bancolombia, offering mobile accounts, cards, and QR payments. Comparable as a Latin American mobile-first wallet targeting unbanked consumers.
- Ualá: Latin American fintech with Mexican operations, offering prepaid card and digital account services. Comparable as a regional player offering mobile financial accounts and card products in the Mexican market.
Direct peers
- Mercado Pago: Leading digital wallet and payment processor in Mexico, offering QR payments, debit/credit products, and consumer accounts. Directly comparable as a Mexican consumer-facing wallet with cash-in and merchant payment rails.
- Cashi (Prosa / Cashi Pay): Mexican cash-based digital wallet and payment service, closely tied to retail distribution and cash payment acceptance. Highly comparable given similar cash-in model and retail-network distribution approach.
- Klar: Mexican neobank offering digital accounts, debit cards, and consumer credit via a mobile app. Comparable as a Mexico-only digital challenger bank with debit card issuance and mobile onboarding.
- Hey Banco: Mexican digital bank (a spinoff of Banregio) offering mobile accounts, debit cards, payments, and credit. Comparable as a branchless Mexican digital bank targeting retail consumers.
- Nu México (Nubank): Mexican operation of Latin American neobank Nu, offering digital accounts, debit cards, and consumer credit. Comparable as a mobile-first, branchless financial account targeting Mexican consumers.
- Albo: Mexican fintech operating a regulated multi-purpose account with debit card and payment features. Comparable as a Mexico-focused, CNBV-regulated digital financial account issuer.
- Clip: Mexican payment processor and acquirer providing card-acceptance and digital payment tools to merchants and consumers. Comparable given the original ComproPago proposition of enabling cash/card payment acceptance for online businesses in Mexico.
Broad incumbents
- BBVA México (Cuenta Digital / Wallet): Large Mexican incumbent bank with a full digital account, debit card, QR payments, and mobile wallet offering. Comparable as a major Mexican digital banking and payments incumbent.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights5 records
Customer concentration
ComproPago social profiles
Digital presenceComproPago compliance and trust
Trust signalCompliance1 record
ComproPago financial estimates
Financial estimateRevenue estimate
Valuation estimate
ComproPago leadership team
Management profileNumber of profiles
ComproPago funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ComproPago M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ComproPago
What does ComproPago do?
ComproPago (operating as Spin by OXXO) is a Mexico-based, CNBV-regulated electronic payment fund institution that delivers a mobile-first digital wallet app for consumers. The product bundle includes a digital account with CLABE interbancaria, a co-branded Visa debit card, QR-based in-store payments, airtime recharge, money transfers, and the Spin Premia loyalty program, all distributed through the OXXO retail network.
Is ComproPago a public or private company?
ComproPago is a private company. It is classified as venture growth investor backed and is currently operating.
When was ComproPago founded?
ComproPago was founded in 2013. It employs 1 to 10 people.
Where is ComproPago based?
ComproPago is headquartered in Mexico City, Mexico, in the Latin America region.
How does ComproPago make money?
One revenue line is on record: transaction and Payment Fees.
Who are ComproPago's main competitors?
Regional players on record are Nequi and Ualá. Direct peers are Mercado Pago, Cashi (Prosa / Cashi Pay), Klar, Hey Banco, Nu México (Nubank), Albo and Clip. BBVA México (Cuenta Digital / Wallet) is listed as a broad incumbent.
Does ComproPago have an API?
No public API is recorded for ComproPago.
What industry is ComproPago in?
ComproPago's product category is Digital Banking / Mobile Payment Platform. Its primary akta.pro industry code is FSAMABAD, Card-Not-Present / eCommerce Acquirers, with a secondary code of FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure. Its NAICS code is 522210 and its SIC code is 6199.