Clip was founded by Vilash Poovala, Adolfo Babatz in 2012.

Who are Clip's investors?

Clip's investors include 500 Global, Accion, Canvas Ventures, Capria Ventures, Dalus Capital, Endurance28, MissionOG, RPS Ventures and 11 more.

Where is Clip headquartered?

Clip is headquartered in Mexico City, MX.

Clip

500 Global

Mexico City, MX · Founded 2012 · 1,427 employees on LinkedIn · 19 known investors

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Clip provides financial technology products and services to help businesses in Mexico access modern fintech solutions and grow their operations.

Fintech Retail Tech SaaS

Founders & leadership

Clip was founded in 2012 by Vilash Poovala and Adolfo Babatz.

Vilash Poovala FounderHe brings over 25 years of experience in payments, product management, and technology architecture, including prior exits from Oyster (acquired by Paystand) and acquisitions by Visa through PlaySpan and Globeset.

Adolfo Babatz FounderFounder and CEO of Clip, a mobile payments company serving Mexican merchants. Previously held leadership roles at PayPal covering customer engagement and product development for Latin America, and worked at Carlyle Group and Grupo Desc in Mexico; holds an MBA from MIT Sloan with specialization in entrepreneurship and economics.

Investors · 19

500 Globallisted by 500 GlobalPalo Alto · $150K

How we know: open dataset · 500 Global portfolio 2026-08 · open dataset · 5k.vc investor directory · Not right? Tell us

Accionlisted by AccionWashington, D.C. · $1M

How we know: Accion's portfolio page · the VCSheet dataset · Not right? Tell us

Canvas Ventureslisted by Canvas VenturesPortola Valley · $5M – $20M

How we know: Canvas Ventures's portfolio page · Not right? Tell us

Capria Ventureslisted by Capria VenturesSeattle · $300K – $1M

How we know: Capria Ventures's portfolio page · Not right? Tell us

Dalus Capitallisted by Dalus CapitalMexico City · $500K – $5M

How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Endurance28listed by Endurance28San Francisco

How we know: Endurance28's portfolio page · Not right? Tell us

MissionOGlisted by MissionOGPhiladelphia · $5M – $10M

How we know: MissionOG's portfolio page · the VCSheet dataset · Not right? Tell us

RPS Ventureslisted by RPS VenturesLos Altos · $5M – $20M

Sierra Ventureslisted by Sierra VenturesSan Mateo · $500K – $10M

How we know: Sierra Ventures's portfolio page · funding news · Not right? Tell us

Softbank Latin America Fundlisted by Softbank Latin America FundMiami

SV Latam Capitallisted by SV Latam CapitalSan Francisco · $50K – $500K

How we know: SV Latam Capital's portfolio page · Not right? Tell us

Viking Globallisted by Viking GlobalStamford

How we know: Viking Global's portfolio page · Not right? Tell us

WillowTree Ventureslisted by WillowTree VenturesRye · $500K – $3M

How we know: WillowTree Ventures's portfolio page · Not right? Tell us

Accion Venture LabreportedWashington

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Alta Ventures MexicoreportedSouth Jordan · $500K – $5M

How we know: funding news · Not right? Tell us

American Express Ventures (Amex)reported

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Angel Ventures MexicoreportedMexico City · $100K – $10M

How we know: funding news · open dataset · 5k.vc investor directory · Not right? Tell us

Endeavor CatalystreportedNew York

How we know: funding news · Not right? Tell us

Ribbit CapitalreportedPalo Alto · $2M – $15M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Funding

SEC filings, press & company announcements

Undisclosed amountSeries DJun 2024
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 8

TiendanubeTiendanube is an e-commerce platform that lets brands and merchants build and customize online stores with an AI-integrated modular editor, and manage payments (Pago Nube), shipping (Envío Nube), WhatsApp sales (Chat Nube) and marketing automation (Marketing Nube). It serves online sellers and brands, with tiered subscription plans from starter to enterprise-level accounts.

StripeStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.

Block IncBlock, formerly Square, runs the Square seller platform, Cash App, Afterpay and TIDAL, plus the TBD and Bitkey bitcoin businesses. Founded by Jack Dorsey and Jim McKelvey in San Francisco in 2009, it is listed on the NYSE as XYZ.

WixWix is a website builder and domain registrar that enables users to create professional websites and online presence. The platform serves businesses, creators, agencies, and enterprises with design tools, business management features, and AI-powered capabilities.

BillinTeamSystem Facturas Billin is online invoicing software for freelancers and small businesses in Spain, letting users create and send invoices, quotes, purchase tickets, and delivery notes while managing stock, expenses, and clients. The product is adapted to Spain's Verifactu and anti-fraud regulations (Ley 11/2021) and connects to the tax authority.

IntuitIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.

GoDaddyGoDaddy provides domain registration, website building, e-commerce, hosting, and business management tools primarily for small business owners, web designers, and domain investors, bundling domain identity services with marketing and commerce capabilities.

AlegraAlegra provides accounting and invoicing software for businesses across Latin American countries and Spain. It offers country-specific versions tailored to local requirements in markets such as Argentina, Colombia, Mexico, and Peru.

Companies working in the same space as Clip.

In the news

Clip Raises US$100M in Fundingfinsmes.com · Jun 2024

Frequently asked questions

What does Clip do?: Clip provides financial technology products and services to help businesses in Mexico access modern fintech solutions and grow their operations.
Who founded Clip?: Clip was founded by Vilash Poovala, Adolfo Babatz in 2012.
Who are Clip's investors?: Clip's investors include 500 Global, Accion, Canvas Ventures, Capria Ventures, Dalus Capital, Endurance28, MissionOG, RPS Ventures and 11 more.
Where is Clip headquartered?: Clip is headquartered in Mexico City, MX.