Reported 8 months ago
Mexico's payments startup Clip has secured $100 million in funding from Morgan Stanley Tactical Value and a West Coast investor. The investment will be used to expand in Mexico, and Clip's valuation remains at $2 billion. Founded in 2012, Clip offers digital payment solutions, financial services, and APIs to merchants. With a focus on payments, the company aims to deepen its services and tap into the trillion-dollar transaction potential in Mexico. Clip, on the cusp of profitability, previously raised $250 million in 2021 and plans to grow its workforce by 150 employees.
Source: YAHOO