Adolfo Babatz

Board Member, Endeavor México
Miami, Florida,United States
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Who Is Adolfo Babatz?

Total Experience29 years
CompanyEndeavor México
CountryUnited States

Adolfo Babatz is a prominent entrepreneur and a key figure in the Latin American fintech landscape, best known as the co-founder and CEO of Clip. Clip is Mexico's leading digital payments and commerce platform, often referred to as the 'Square of Mexico.' With a mission to democratize financial services, Adolfo has successfully empowered millions of small and medium-sized businesses across the country to accept digital payments, many for the first time. Before founding Clip in 2012, he gained valuable experience at PayPal, where he was involved in launching its services in Mexico. His background also includes roles in private equity at The Carlyle Group and a strong educational foundation with an MBA from the MIT Sloan School of Management.

Adolfo Babatz LinkedIn pageCompany Website

How Did Adolfo Babatz's Career Path Shape Their Journey?

Adolfo Babatz's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Endeavor México - Board Member(2020 to Present)
Clip - Founder, Chairman & CEO(2012 to Present)
Club América - Board Member(2022 to Present)
PayPal - Product Marketing & Engagement Manager, Latin-America(2011 to 2012)
The Carlyle Group - Analyst, Mexico Buyout Fund(2004 to 2006)
Grupo Kuo, S.A.B. de C.V. - Advisor to the CEO(2002 to 2004)
Arthur Andersen - Business Consulting Division Analyst(2000 to 2001)

What Are Adolfo Babatz's Key Achievements?

Founder & CEO of Clip

Founded Clip in 2012, building it into Mexico's leading digital payments platform. His vision was to create a simple solution for any business to accept card payments using a smartphone or tablet.

Led Clip to Unicorn Status

Successfully guided Clip to a valuation of approximately $2 billion after a 2021 funding round led by SoftBank and Viking Global Investors, making it one of Mexico's first and most valuable fintech unicorns.

Pioneer in Mexican Financial Inclusion

Instrumental in driving financial inclusion by providing accessible and affordable payment technology to a vast market of unbanked and underbanked merchants throughout Mexico.

Endeavor Entrepreneur

Selected as an Endeavor Entrepreneur, a prestigious recognition for high-impact entrepreneurs who have the potential to scale their businesses and multiply their impact by mentoring and inspiring others.

What's Adolfo Babatz's Educational Background?

Master, MBA, Economics of Information, Entrepreneurship, Internet, Tech Strategy

Massachusetts Institute of Technology - Year 2006

Diploma, Political Science

Centro de Investigación y Docencia Económicas A.C. - Year 2002

BA, Business. Minor in Economics, Finance and Marketing

Instituto Tecnológico Autónomo de México - Year 1996

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Company Overview

Endeavor México
Total employees79
HeadquartersMexico City
Founded2002

Endeavor México is the Mexican chapter of the global Endeavor network, a non-profit organization dedicated to driving long-term economic growth by selecting, mentoring, and accelerating the best high-impact entrepreneurs. It provides these entrepreneurs with access to a world-class network of mentors, talent, and capital, helping them scale their businesses, create jobs, and inspire future generations of innovators. The organization is a key player in the development of Mexico's entrepreneurial ecosystem.

Company Website
Endeavor México Funding Information
Unknown - Total Funding Raised
not applicable - Most recent funding amount
not applicable - Number of funding rounds
not applicable - Latest funding round
Lead Investors:
As a non-profit, Endeavor México is supported by a network of corporate partners, board members, and mentors rather than traditional equity investors. Key supporters include organizations like EY, HSBC, and KIO Networks.

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