Fintech
Mexican fintech Unicorn Clip secures $100 million in funding
June 20, 2024
Written by FinTech Alliance
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 new capital infusion will allow Clip to expand its product offerings, improve market penetration and leverage artificial intelligence to improve its financial services. The financing highlights Clip’s commitment to addressing the needs of the poor population in Mexico by providing innovative payment solutions. The company plans to use the funds to accelerate growth and consolidate its position as a dominant player in the Mexican fintech landscape.