Clip is the leading payment platform providing comprehensive solutions for both digital transactions and point-of-sale devices. The company is continually innovating, and exploring new technologies such as artificial intelligence and machine learning to enhance its offerings.
Clip has raised $100 million from Morgan Stanley Tactical Value and another West Coast investor. The fresh funding keeps the valuation in line with the Series D round, which valued the company at $2 billion.
Clip, Mexico City, Distrito Federal, Mexico, was founded in 2012 by Adolfo Babatz and Vilash Poovala. “There’s a lot of money waiting to be invested in good, high quality companies that are delivering results,” noted Adolfo Babatz. “I think that’s our case. We’re happy to share this news with the broader tech community both in Mexico and in Latin America, which I think is in need of some really good news.” Clip is expanding its reach, exploring opportunities to enter new markets, and bringing its solutions to more businesses across Latin America.
