FI Mexico City Graduation, featuring Adolfo Babatz (CEO, Clip)

Adolfo Babatz was always determined to start his own company. Born and raised in Mexico City, Adolfo earned his undergraduate degree from ITAM and went on to receive a degree in Business from MIT’s Sloan School of Management. Soon after, he worked at PayPal, rising to become their #3 employee for the Latin American region. While at PayPal, Adolfo met Vilash Poovala, with whom he would later found Clip. Clip is the fastest, safest, and most complete monetization solution for businesses in Mexico. Its integrated hardware and software enables businesses (and online platforms) to accept payments by credit or debit cards for the entire transaction or in installments, no matter the size of the operation. After their recent $250 million funding round, Clip has a valuation of nearly $2 billion.

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The Founder Institute is the world’s most proven network to turn ideas into fundable startups, and startups into global businesses. Since 2009, our structured accelerator programs have helped over 8,300 entrepreneurs raise over $1.85BN in funding. Based in Silicon Valley and with chapters across 100 countries, our mission is to empower communities of talented and motivated people to build impactful technology companies worldwide.