Mexican Start-Up CLIP recognized by Morgan Stanley for its great potential

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Mexico Unicorn Clip Raises $100 Million USD From Morgan Stanley

  • Company valuation remains in line with Series D’s $2 billion
  • Clip aims to capture part of potential $1 trillion in payments

Mexico’s payments startup Clip has raised $100 million from Morgan Stanley Tactical Value and another West Coast investor.

The investment will be used to continue growing in its home market of Mexico, said Clip Founder and Chief Executive Officer Adolfo Babatz in an interview. The investment keeps the valuation in line with the Series D round

Click here to read the complete original article on Bloomberg.com

Source.- Bloomberg.com

The Mexico City Post