Startup company called Clip has raised $1.5 million to implement Mexican smartphone transactions. Clip, a mobile payments startup, has managed to raise $1.5 million in funding in order to create a smartphone based transaction system that will cater to consumers in Mexico, providing a service that has been compared to Square. There are considerable differences, however, between what Clip and Square provide their customers. The mobile payments service at Clip is focused primarily on the needs of specific local markets, such as that of the Spanish speaking world in Mexico.…
Read MoreMobile payments startup in Mexico receives massive investment funding
