| Founded | 2012 |
|---|---|
| Closed | 2023 |
| Country | Mexico |
| Sector | Fintech |
| Total raised | $250M |
| Collapse type | Slow Death |
| Founder | Adolfo Babatz, Vilash Poovala |
Clip
"Mexico's leading payments unicorn raised $250M at $2B but couldn't withstand Mercado Pago's zero-commission assault"
Years-long decline before final shutdown
Key Events Timeline
Clip was a Mexico City-based fintech company providing point-of-sale payment terminals and digital financial services to Mexico's 3+ million small businesses and informal sector merchants.
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