Clip buys Pulpos and adds ex-Toast CTO Debra Chrapaty to its board

What Clip is adding with Pulpos

According to Clip, Pulpos was founded in 2023 by Franco Silveti, Lucas Cortés and Frank Martin. Its software adds business management tools to Clip's payment offering, including point of sale, inventory, electronic invoicing, supplier purchasing and artificial intelligence agents.

Pulpos describes itself as a cloud-based management system for merchants in Mexico. It brings together point of sale, inventory, CFDI 4.0 electronic invoicing, finances, an online store, and customer, supplier and employee management in one place. The company says it is used today by thousands of Mexican merchants across all types of businesses.

Clip says the progressive integration of these software capabilities with its payment services is intended to connect processes that often run separately today. The goal is a simpler, more complete experience for merchants managing their businesses.

How the integration is meant to work

Clip gives a concrete example of the planned result. As the integration moves forward, any sale will be able to automatically update inventory, generate the information needed for invoicing and record the transaction. According to the company, this will reduce manual work and give merchants greater visibility into their sales and operations.

Frank Martin, Co-Founder of Pulpos, said the deal will let the company take its mission to a much larger scale and "build an experience where getting paid and running the business are part of the same system."

Clip says 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 as the integration advances.

Debra Chrapaty joins the board

Alongside the acquisition, Clip named Debra Chrapaty to its Board of Directors. According to the company, she has held technology leadership roles at Wells Fargo, Amazon and Microsoft, and most recently served as CTO of Toast. Clip says her experience in large-scale technology, infrastructure, cloud, operations and financial services is especially relevant as it expands the complexity and reach of its technology platform.

Adolfo Babatz, founder and CEO of Clip, described the two announcements as "two complementary dimensions of the company we are building." Chrapaty said she is joining the board to work on "accelerating product innovation and scaling secure technology that brings financial inclusion to every corner of Mexico."

Strategy and what it means for merchants

Clip frames the announcements as part of a broader strategy to expand beyond payment acceptance and build an increasingly complete platform for businesses in Mexico. The company says this is aligned with Mexico's digital payments agenda, including the proposed Digital Economy and Digital Payments Law, and with Plan México's focus on strengthening small businesses. In June, Clip also announced Mi Clip, a digital wallet ecosystem, in partnership with Ant International, Mastercard and Televisa-Univision.

For merchants, the practical change is gradual. Existing accounts and terms stay as they are, while payment, inventory and invoicing tools are expected to be linked over time. The source does not give a timeline for the rollout, pricing or the financial terms of the deal.