20 June 2024

Mexican Fintech Unicorn Clip Secures $100M in Funding

Written By FinTech Alliance in FinTech

Mexican Fintech Unicorn Clip Secures $100M in Funding

Clip, a leading fintech company in Mexico, has successfully raised $100 million in a funding round led by QED Investors, along with contributions from Volpe Capital, Oak HC/FT, Kaszek, and Picus Capital.

This fresh infusion of capital will enable Clip to expand its product offerings, enhance market penetration, and leverage artificial intelligence to improve its financial services. The funding underscores Clip's commitment to addressing the needs of the underbanked population in Mexico by providing innovative payment solutions. The company plans to utilize the funds to accelerate growth and solidify its position as a dominant player in the Mexican fintech landscape.

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