Announced
Completed
Financials
Sources
Tags
fintech company
Cross Border
Completed
Private
Venture Capital
Minority
FinTech
Acquisition
Mexico
Private Equity
Friendly
digital payments
Synopsis
SoftBank, a Japanese multinational conglomerate, and Viking Global, an investment management company, completed a $250 investment in Clip, a credit and debit card reader. “We are planning to grow aggressively and hire about 320 people in the next 18 months, the best talent possible. About 85% of our clients accepted only cash before us, so we can really say we are democratizing digital payments in Mexico," Adolfo Babatz, Clip Founder and CEO.
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