Mexican payments startup Clip on Thursday said its valuation has jumped to nearly $2 billion after a recent investment led by SoftBank Latin America Fund and Viking Global Investors LP, putting it in a small but growing club of Mexican "unicorns."
Clip : Becomes Mexico s Fintech Unicorn
06/10/2021 | 01:01pm EDT
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Raises U.S. $250 Million Investment Round to Democratize Payments and Grow Platform Ecosystem
Clip, Mexico s leading digital payments and commerce platform, today announced it has received a U.S. $250 million capital investment led by the SoftBank Latin America Fund and Viking Global Investors LP. The investment is the largest ever for a payments company in Mexico and establishes Clip as the first payments Unicorn in the 12th largest economy in the world, with a valuation approaching U.S. $2 billion.
(Photo: Business Wire)
Clip pioneered simple and easy access to digital payments and the democratization of financial services in Mexico, with an obsessive focus on delivering superior client experiences and customer service. The Company empowers businesses to seamlessly access a growing range of financial and commerce-enabling solutions through its proprietary technology platform, unique ec