Wharton FinTech Podcast

Empowering Mexican Businesses with Adolfo Babatz, Founder & CEO of Clip


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In this podcast, Miguel Armaza is joined by Adolfo Babatz, Founder and CEO of Clip, the leading solution in Mexico for small and medium businesses to accept digital payments. Founded in 2012, Clip now has more than 400 employees across Mexico and the US and has raised close to $150 million in equity from leading investors, including SoftBank, General Atlantic, Google for Startups Accelerator, and Angel Ventures.
Adolfo Babatz
Adolfo is the founder and CEO of Clip, the leading solution in Mexico for SMBs to accept digital payments. The company currently has more than 400 employees in different offices located in Salt Lake City, California, Utah, Guadalajara and Mexico City. Before Clip, Adolfo was responsible for Customer Engagement and New Product Development for PayPal Latin America. Before moving into the Engagement team, Adolfo led the team that opened PayPal in Mexico.
Right before PayPal, Adolfo studied an MBA at MIT where he specialized in Entrepreneurship & Economics of Information. Previously, Adolfo worked as an advisor to the Executive Vice President of Grupo Desc, one of the largest industrial conglomerates in Mexico and shortly thereafter, was part of the founding team of The Carlyle Group Mexico, where he worked as an analyst.
Adolfo Babatz
Adolfo is the founder and CEO of Clip, the leading solution in Mexico for SMBs to accept digital payments. The company currently has more than 400 employees in different offices located in Salt Lake City, California, Utah, Guadalajara and Mexico City. Before Clip, Adolfo was responsible for Customer Engagement and New Product Development for PayPal Latin America. Before moving into the Engagement team, Adolfo led the team that opened PayPal in Mexico.
Right before PayPal, Adolfo studied an MBA at MIT where he specialized in Entrepreneurship & Economics of Information. Previously, Adolfo worked as an advisor to the Executive Vice President of Grupo Desc, one of the largest industrial conglomerates in Mexico and shortly thereafter, was part of the founding team of The Carlyle Group Mexico, where he worked as an analyst.
Clip
Clip is Mexico’s leading solutions for SMBs to accept digital payments. Clip transformed card acceptance in Mexico by offering different models of portable card-reading hardware to accept all credit and debit cards as well as other payment options. The company is focused on empowering Mexican businesses via a set of tools designed to increase merchant’s sales and help them manage their business. The company currently offers hardware products and other solutions to help merchants thrive. For more information visit www.clip.mx Clip is a financial technology startup based in Mexico City (MEX) and Silicon Valley (USA).
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