Clip Raises $8M in Series A Funding, Backed by Sierra Ventures

We are excited to participate in Clip’s recent Series A $8M funding round. The company’s vision is to create the most secure and flexible way to accept payments in Latin America. The company is headquartered in Mexico City and has an experienced team led by Adolfo Babatz, a payments industry veteran from Paypal.

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We invested in Clip because the company is the leader in tackling the undeserved payment processing opportunity for SMB’s in Mexico and Latin America. This investment is consistent with our focused global investing strategy, as we look for transformational companies outside of traditional investment channels. We are pleased that other multi-national investors like Alta Ventures, American Express, Angel Ventures Mexico, Mexico Ventures and Endeavor Catalyst also participated in the round.

I look forward to participate as an advisor to the board, working closely with Adolfo, and contribute to this deeply passionate team in an emerging market.