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Mexican fintech Clip raises $250 million

Mexican fintech Clip raises $250 million
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Clip : Becomes Mexico's Fintech Unicorn

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 techno ....

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Clip Becomes Mexico's Fintech Unicorn

Raises U.S. $250 Million Investment Round to Democratize Payments and Grow Platform Ecosystem Clip, Mexico's leading digital payments and commerce . ....

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Jsto Announces USD $65 Million Investment Led by General Atlantic, Marking Largest Series A Raised in Latin America1

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Jüsto (or “the Company”), a leading online grocer in Mexico, today announced it has raised a USD $65 million Series A investment led by General Atlantic, a leading global growth equity firm, with participation from existing investors including Foundation Capital and Mountain Nazca. The growth investment marks the largest Series A round raised in Latin America
2 and will support Jüsto’s future strategic initiatives, including the expansion of the Company’s geographic footprint across Mexico and Latin America, the enhancement of its last-mile logistics infrastructure, marketing initiatives, and additional working capital needs.
Jüsto was founded in 2019 by CEO Ricardo Weder as one of Mexico’s first vertically-integrated, online grocery platforms with no physical store presence. Over the past 18 months, Jüsto has developed into an emerging leader in the transformation of the digi ....

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