About Clip
Clip is a Financial Services company based in Mexico City (Mexico) founded in 2012 by Adolfo Babatz. It operates as a POS solutions are provided to offline retailers via mobile devices. It operates in the Financial Services and Retail sectors. Clip has raised $996.95 million across 14 funding rounds from investors including Banorte, HSBC and J P Morgan. The company has 1,422 employees. Clip was last valued at $2.5 billion in June 2026. Its chief executive is Adolfo Babatz. Its website clip.mx draws about 1.2 million monthly visits. Clip offers products and services including Clip Pro 2, Clip Plus 2, and Clip Total 2. Its focus areas include FinTech, Payments, Business Payments and POS Payments. Its legal entity is PayClip, S. de R.L. de C.V. Its competitors include Square, SpotOn, Ezetap, Billpocket and KiWi and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Clip was founded in 2012 in Mexico City, Mexico, focusing on the fintech sector for retail payments. Point-of-sale solutions are offered to offline retailers, enabling transactions on customer smartphones or tablets through a clip card reader. Secured processing is ensured with clip lock features, and a system for multiple installment payments is available to merchants. The platform operates via applications on Android and iOS.
- Headquarters Mexico City, Mexico
- Employees 1,422
- Founders Adolfo Babatz
- Stage Unicorn
- SectorsFinancial ServicesRetail
- Website category Computers Electronics and Technology
- Email••••••••
- Phone•••• ••••
- Website clip.mx
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Payclip, S. De R.L. De C.V.
- Total Equity Funding$996.95M (USD)
in 14 rounds
- Latest Funding Round$500M (USD), Series E
Jun 2026
- InvestorsBanorte
& 28 more
- Employee Count1,422
Products & Services of Clip
Clip offers a comprehensive portfolio of products and services, including Clip Pro 2, Clip Plus 2, and Clip Total 2.
Portable device for accepting payments and transactions anywhere.
Reader for businesses to process card payments efficiently.
Mobile system for handling various payment methods securely.
Apps and channels of Clip
Clip publishes 2 mobile apps with over 1M+ downloads; its YouTube channel Clip has 24.7K subscribers and 30 videos.
Videos from Clip
The most watched videos on Clip's YouTube channel, Clip (24.7K subscribers). Click a video to play it here.
More on Clip.
Funding Insights of Clip
Clip has successfully raised a total of $996.95M across 14 strategic funding rounds. The most recent funding activity was a Series E round of $500 million completed in June 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $996.95M
- Total Rounds 14
- Last Round Series E — $500M
- First Round $1.3M
(Mar 2013)
- Investors Count 29
Latest 10 of 14 funding rounds of Clip with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2026 | $500M | Series E | – | – | – |
| Jun 2024 | $100M | Series D | – | Morgan Stanley | – |
| Sep 2022 | $50M | Debt – Conventional | – | – | |
| Jun 2021 | $250M | Series D | $2B | SoftBank Latin America Fund, Viking Global Investors | – |
| May 2019 | $100M | Series C | – | General Atlantic, SoftBank Latin America Fund | – |
| Jul 2017 | $1.64M | Series B | – | – | – |
| Jun 2017 | $29.31M | Series B | – | – | – |
| Dec 2015 | $8M | Series A | – | Alta Ventures | |
| Dec 2014 | $5.2M | Unspecified | – | – | |
| Dec 2014 | $5.2M | Series A | – | Alta Ventures | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $2B | •••••••• |
Last known valuation $2.5B (Jun 2026). 29 investors in total: 28 institutional and 1 angel.
Investors in Clip
Clip has secured backing from 29 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Banorte, HSBC and J P Morgan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in multiple sectors by the fund. | – | latinamericafund.com | Miami, United States | |
Private investment firm focused on multiple sectors | – | vikingglobal.com | Greenwich, United States | |
Private equity fund focused on global markets | 1980 | generalatlantic.com | New York, United States | |
Early-stage venture capital investments in AI, healthcare, and enterprise technologies. | – | sierraventures.com | - | |
- | – | angelventures.vc | - | |
Endeavor is focused on supporting high-impact entrepreneurs globally. | – | endeavor.org | New York, United States | |
Investment firm focused on productive capital for Mexico and Pan-American region. | 2006 | fondodefondos.com.mx | Mexico City, Mexico | |
- | – | altaventures.com | - | |
Venture capital investments are directed toward multiple sectors. | – | americanexpress.com/us/business/american-express-ventures | New York, United States | |
Venture capital and acceleration are provided to tech startups. | – | 500.co | Ho Chi Minh City, Vietnam |
Investor details for Clip
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Clip
1 people are tracked at Clip (1 in leadership); the tracked headcount is 1,422.
| Name | Role | Group |
|---|---|---|
Adolfo Babatz | Founder, Chairman & CEO | Leadership |
Complete people profiles for Clip
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Clip
4 dated milestones of Clip across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Clip is founded.
- Funding First funding round of $1.3M.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series E, of $500.0M.
Competitors of Clip
Clip has 9 listed competitors in our database, 8 of them funded. They include Square, SpotOn, Ezetap, Billpocket and KiWi, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| spoton.com | 1999 | San Francisco, United States | $900M | 1,355 | Provider of cloud-based POS software solutions for businesses and service providers | |
| ezetap.com | 2011 | Bengaluru, India | $66.4M | 532 | Cloud-based mPOS software and hardware solutions are provided for businesses. | |
| billpocket.com | 2011 | Jalisco, Mexico | $125,000 | – | Provider of payment processing solutions for businesses | |
| conkiwi.com | 2019 | Mexico | $3.22M | – | Hardware-based POS terminals are supplied to merchants for card payments. | |
| 2can.ru | 2012 | Moscow, Russia | $9.6M | – | Card payments are enabled on smartphones for Russian merchants. | |
| cenareo.com | 2012 | Labege, France | $3.06M | – | Digital signage software solution | |
| kasirpintar.co.id | 2017 | Surabaya, Indonesia | – | – | Provides cloud-based mPOS software solutions for offline retailers. | |
| posrocket.com | 2016 | Amman, Jordan | $7.15M | 62 | Cloud-based POS software and hardware are supplied to offline retailers. |
Detailed competitors of Clip
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Clip
The website of Clip (clip.mx) receives about 1.2M visits a month and ranks #47,711 among all websites worldwide, #5,803 in Computers Electronics and Technology.
- Monthly visits1.2M
▲ 2.4% vs previous month
- Unique visitors436.7K
per month
- Global rank#47,711
among all websites
- Category rank#5,803
Computers Electronics and Technology · Computers Electronics and Technology
- Bounce rate54%
- Pages per visit3.4
- Average visit2 min 01 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with Clip. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| billpocket.com | 100% | 46K | #550,916 | View details | |
| compropago.com | 99% | – | – | View details | |
software.castelec.mx | software.castelec.mx | 99% | – | #2,442,296 | – |
| figma.com | 98% | 84.7M | #221 | View details | |
| notion.so | 97% | 178.3M | #160 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Clip
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as Clip (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Related news about Clip
Complete news archive for Clip
Full article history, source details, and older brand coverage require an active premium plan.
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- Brand-specific news history
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Frequently Asked Questions about Clip
Clip was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Clip is headquartered in Mexico City, Mexico. It is registered at Mexico City, Mexico City, Mexico.
Adolfo Babatz is the current CEO of Clip. They have also founded this company.
Clip is a funded company, having raised a total of $996.95M across 14 funding rounds to date. The company's 1st funding round was a Series A of $5.2M, raised on Mar 2013.
Clip has 1,422 employees.
Clip was founded in 2012 in Mexico City, Mexico, focusing on the fintech sector for retail payments. Point-of-sale solutions are offered to offline retailers, enabling transactions on customer smartphones or tablets through a clip card reader. Secured processing is ensured with clip lock features, and a system for multiple installment payments is available to merchants. The platform operates via applications on Android and iOS.
Clip offers Clip Pro 2, Clip Plus 2, and Clip Total 2.
Clip has 29 investors. Key investors include Banorte, HSBC, J P Morgan, Morgan Stanley, and SoftBank Group.
The valuation of Clip is $2.5B as of Jun 2026.
Clip operates through Payclip, S. De R.L. De C.V..
Yes. Clip publishes Clip and 1 more app, with over 1 million downloads.