Clip Secures $100 Million

The funding round values Clip in line with its 2021 Series D valuation, demonstrating continued investor confidence in the company’s growth potential.

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Clip, Mexico’s leading digital payments and commerce platform, has secured a $100 million investment from Morgan Stanley Tactical Value (MSTV) and a major West Coast mutual fund manager.

Founded in 2012, Clip has developed a comprehensive suite of payment solutions, financial services, and software for small and mid-sized businesses (SMBs) in Mexico. The company’s offerings include hardware and software products that enable SMBs to accept digital payments, sell online, access credit, and streamline operations.

Adolfo Babatz, Clip’s Founder and CEO, stated that the new funds will be used to accelerate product development initiatives. The investment aims to support Clip’s mission of driving financial inclusion in Mexico through innovative technology solutions for SMBs across the country.

Pedro Teixeira, Managing Director and Co-Head of MSTV, expressed enthusiasm for the partnership, praising Clip’s role in leveraging technology to promote financial inclusion in Mexico. He highlighted the company’s experienced management team, customer-focused culture, and strong performance record as key factors in the investment decision.

Clip’s existing investors include prominent names such as General Atlantic, Ribbit Capital, Goldman Sachs, SoftBank Latin America Fund, and Viking Global Investors. The addition of MSTV and the West Coast mutual fund manager further strengthens Clip’s position in the Mexican fintech market.

With offices in Mexico City and Buenos Aires, Clip continues to expand its reach and impact on the Mexican commerce ecosystem. The company remains focused on empowering businesses to interact more effectively with consumers through innovative technologies and comprehensive digital payment solutions.

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