Mergers & Acquisitions
Clip Acquires Pulpos and Adds Debra Chrapaty to Board in Mexico Push
By News Desk ·
Key takeaways
- Clip acquired Pulpos, a cloud-based business management system founded in 2023 by Franco Silveti, Lucas Cortés and Frank Martin.
- Pulpos will keep its own brand and team, and merchants on either platform keep their accounts and terms unchanged.
- Clip appointed Debra Chrapaty, former CTO of Toast, to its Board of Directors.
Clip has acquired Pulpos, a cloud-based business management system, adding point of sale, inventory, electronic invoicing, supplier purchasing and artificial intelligence agents to its payments platform. The price was not disclosed. PR Newswire announced the deal on October 28, 2026, alongside Clip's appointment of Debra Chrapaty to its Board of Directors.
Clip's Acquisition of Pulpos
Clip is a Mexico City-based financial ecosystem founded in 2012. Pulpos is a cloud-based management system for Mexican merchants, founded in 2023 by Franco Silveti, Lucas Cortés and Frank Martin, that combines point of sale, inventory, CFDI 4.0 electronic invoicing, finances, an online store, and customer, supplier and employee management.
Clip said the progressive integration of Pulpos' software with its payment capabilities is intended to connect processes that often run separately. As the integration moves forward, a sale will be able to automatically update inventory, generate the information needed for invoicing and record the transaction.
"Small and medium-sized businesses are the engine of Mexico's economy, and they deserve technology that helps them make better decisions and grow," said Frank Martin, Co-Founder of Pulpos. "Becoming part of Clip will allow us to take that mission to a much larger scale."
Pulpos will continue to operate under its own brand and with its own team. Merchants currently using either company's services will keep their accounts and terms unchanged, and new capabilities will be rolled out progressively.
Debra Chrapaty Joins Clip's Board
Clip appointed Debra Chrapaty to its Board of Directors. Chrapaty has held technology leadership roles at Wells Fargo, Amazon and Microsoft, and most recently served as CTO of Toast.
"The acquisition of Pulpos and the addition of Debra represent two complementary dimensions of the company we are building," said Adolfo Babatz, founder and CEO of Clip. "On the other hand, we are bringing in world-class experience to guide the strategic and technology decisions."
Clip's Funding and Wallet Launch
Clip raised US$500 million in June 2026 at a valuation exceeding US$2.5 billion, according to akta.pro company records. The same records put Clip's total disclosed funding above US$850 million, including a US$250 million round in 2021 and a US$100 million round in 2024.
Earlier Clip Moves
In June 2026, Clip launched Mi Clip, an open digital wallet ecosystem developed with Ant International, Mastercard and Televisa-Univision, The Fintech Times reported. That same month, The SaaS News reported Clip had raised US$500 million at a valuation of more than US$2.5 billion, in a round that included undisclosed investors pending regulatory approval.