| Founded | 2012 |
|---|---|
| Closed | 2023 |
| Country | Mexico |
| Sector | Fintech |
| Total raised | $250M (Series C, SoftBank, 2021) |
| Collapse type | Slow Death |
| Founder | Adolfo Babatz |
Clip (valuation collapse)
"Mexico's Square-clone unicorn cut 75% of staff as its $2B valuation became a cautionary tale"
Years-long decline before final shutdown
Key Events Timeline
Clip raised $250M in 2021 at a $2B valuation, becoming Mexico's first fintech unicorn.
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