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clip.mx

Founded Year

2012

Stage

Series D | Alive

Total Raised

$397.36M

Valuation

$0000 

Last Raised

$250M | 1 yr ago

About Clip

Clip allows any person or merchant to accept a broad range of payment methods using a smart phone plug-in and a sophisticated risk-management system to manage merchants and process transactions.

Clip Headquarter Location

Av. Azcapotzalco 696 Int. 21-A-2. 21 A 2, Colonia Azcapotzalco Centro, Del. Azcapotzalco

Mexico City, 02000,

Mexico

+52-55-6393-2300

ESPs containing Clip

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Payments Tech

Omnichannel payments companies provide a comprehensive payment processing solution for businesses, allowing them to accept payments through multiple channels including online, mobile, and in-store. These platforms offer data integration across payments, marketing, and sales channels so that customers can shop and transact the same way both online and offline, giving businesses a unified view into …

Clip named as Leader among 14 other companies, including Stripe, SumUp, and Pine Labs.

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Expert Collections containing Clip

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Clip is included in 7 Expert Collections, including Store management tech (In-store retail tech).

S

Store management tech (In-store retail tech)

1,483 items

Startups aiming to work with retailers to improve brick-and-mortar retail store operations.

U

Unicorns- Billion Dollar Startups

1,178 items

F

Fintech

4,553 items

S

SMB Fintech

1,145 items

P

Payments

2,323 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

R

Retail Tech 100

200 items

The winners of the 2020 CB Insights Retail Tech 100, published December 2020.

Clip Patents

Clip has filed 8 patents.

The 3 most popular patent topics include:

  • Actuators
  • Audio codecs
  • Corrective lenses
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/28/2017

6/8/2021

Corrective lenses, Eyewear, Ophthalmology, Eyewear brands, Optometry

Grant

Application Date

6/28/2017

Grant Date

6/8/2021

Title

Related Topics

Corrective lenses, Eyewear, Ophthalmology, Eyewear brands, Optometry

Status

Grant

Latest Clip News

FinTech: Mexican Payments Platform Clip Raises $250M, Turns Unicorn

Jun 11, 2021

Clip said its valuation is “approaching $2 billion.” Clip , a Mexican digital payments and commerce platform founded in 2012, announced June 10, its raise of $250 million in a round led by  the SoftBank Latin America Fund and Viking Global Investors LP. The round valued the fintech startup at approximately $2 billion. Clip offers to businesses its card readers that can accept payments with all debit and credit cards, vouchers, points, contactless and Samsung Pay. These range from a simple Bluetooth reader, a portable terminal with free internet, to a whole Point-of-Sale with free internet and a printer. Digitalization in Mexico The products fill a massive gap in Mexico’s card processing infrastructure. According to Bloomberg, there are about 11 million businesses in Mexico of which only about 1 million accept card payments. Because there are so few venues in the country where cards are accepted, Mexicans use their cards on average for just about 40 transactions annually. It is a cash-only scenario at most establishments until they onboard a Clip terminal. Clip says its highly convenient engagement model is open to any business seeking to participate in the digital economy with the ability to onboard and accept all available payment methods within a few minutes. “Clip is using technology and AI to disrupt the financial services industry by providing essential digital solutions to merchants and small business owners in Mexico, an economy that stands to benefit greatly from digital payments,” said Marcelo Claure, CEO of SoftBank Group International and COO of SoftBank Group Corp. Martin Escobari, Co-President and Head of Latin America at General Atlantic, said: “Clip has established itself as a disruptor in Mexico’s digital economy, leveraging new technologies to drive financial inclusion.” Landmark fundraise According to Clip, the funding round is the largest ever for a payments company in Mexico and establishes it as the first payments unicorn in the 12th largest economy in the world. “Looking ahead, the resources will enable us to continue to grow aggressively and continue building Mexico’s operating platform for commerce, fulfilling our vision to have Clip in every business in Mexico,” said Adolfo Babatz, CEO and Founder. First Name*

Clip Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Clip Rank

  • When was Clip founded?

    Clip was founded in 2012.

  • Where is Clip's headquarters?

    Clip's headquarters is located at Av. Azcapotzalco 696 Int. 21-A-2., Mexico City.

  • What is Clip's latest funding round?

    Clip's latest funding round is Series D.

  • How much did Clip raise?

    Clip raised a total of $397.36M.

  • Who are the investors of Clip?

    Investors of Clip include SoftBank Latin America Fund, Viking Global Investors, General Atlantic, Google for Startups Accelerator, Alta Ventures Mexico and 12 more.

  • Who are Clip's competitors?

    Competitors of Clip include mx51, MercadoLibre, Yabie, SumUp, Treinta, Pine Labs, CITCON, Nelo, Inai, Network Merchants and 17 more.

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mx51

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NMI provides payments enablement technology that empowers ISOs, VARs, ISVs and payment facilitators to offer branded payment gateway services without building or maintaining their own technology.

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