Fundz

Clip raised US$100 million in a series D investment led by Morgan Stanley Tactical Value and a West-Coast mutual fund manager to accelerate product development initiatives for further growth and financial inclusion in Mexico.

PRIVATEJun 18, 2024

Amount Raised

$100 Million

Round Type

Series D

Mexico CityOtherFinancial ServicesPaymentsE CommerceFintech

Investors

West Coast Mutual Fund ManagerMorgan Stanley Tactical Value

Description

Clip, Mexico's leading digital payments and commerce enablement platform, has secured a US$100 million investment from investment funds managed by Morgan Stanley Tactical Value and a West-Coast mutual fund manager. The investment values Clip in line with the Series D round completed in 2021. Clip intends to leverage the new funds to accelerate product development initiatives for further growth in support of its mission to drive financial inclusion in Mexico through innovative technology solutions.

Quick answer

Clip raised $100 Million in a Series D round, dated June 18, 2024. Investors: West Coast Mutual Fund Manager and Morgan Stanley Tactical Value. Clip is based in Mexico City, Mexico City, Mexico.

How much did Clip raise?
Clip raised $100 Million in a Series D round on June 18, 2024.
Who invested in Clip?
West Coast Mutual Fund Manager and Morgan Stanley Tactical Value are named as investors in this round.
What does Clip do?
Clip is the leading commerce and digital payments platform that is empowering businesses in Mexico to interact and transact with its consumers more effectively through innovative technologies, best-in-class customer..
Where is Clip based and how big is it?
Clip is based in Mexico City, Mexico City, Mexico.
Who are the decision-makers at Clip?
Fundz holds 2 contacts at Clip, including the Head of Talent. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as Clip that raised within 45 days of this round, from Fundz verified event records.

  • El Dorado raised $3M (Seed) on May 28, 2024.
  • Sezzle raised $150M (Funding Round) on May 17, 2024.
  • Sokin raised an undisclosed amount on July 24, 2024.
  • Matera raised $100M on July 17, 2024.
  • CleverCards raised $8.6M on June 14, 2024.
  • BayaniPay raised $3M (Seed) on June 13, 2024.

Who to call at Clip, and when

A new round usually means Clip is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
  • Who you already know at Clip, from your own LinkedIn network

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Company Information

Company

Clip

Location

Mexico City, Mexico City, Mexico

About

Clip is the leading commerce and digital payments platform that is empowering businesses in Mexico to interact and transact with its consumers more effectively through innovative technologies, best-in-class customer service, and the ability to accept all payment methods digitally. The company has offices in Mexico City and Buenos Aires.

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Related People

2 contacts
Verified contactsVictoria V., Head of Talent hidden hidden hiddenSee plans and pricing
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Clip raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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