IFPE

Clip Secures a US$50 Million Credit Facility from Morgan Stanley, JP Morgan and HSBC

Retrieved on: 
Tuesday, September 6, 2022
Morgan Stanley, Solution, Sale, IFPE, Securities commission, Clip, MEXICO, J. P. Morgan, Commerce, National Bank of Uzbekistan, Ecosystem, Growth, QR code, Online shopping, Swap

MEXICO CITY, Sept. 6, 2022 /PRNewswire/ -- Clip, Mexico's leading commerce and digital payments platform, continues to strengthen its operations and offerings that drive the digital transformation of Mexico's economy by entering into a $50 million, three-year, unsecured revolving credit facility with Morgan Stanley, J.P. Morgan and HSBC. The funding will be used by Clip to expand its efforts to meet businesses' demand for innovative payments solutions and improve financial access for Mexican businesses and consumers.

Key Points: 
  • "This credit facility represents another important milestone for Clip, as it provides additional support to our already solid balance sheet and liquidity position.
  • It is important for Clip and our story to receive the support of banks of this caliber validating our mission of expanding financial inclusion in Mexico."
  • The new credit facility follows the launch of new products in May.
  • The new products include three point-of-sale terminals - Clip Mini, Clip Pro 2 and Clip Stand -, two hardware accessories - Clip Cashbox and Clip Printer - and three Remote Payments software features - QR Code, Payment Link and URL Link.

GES Welcomes Dr. David Bell to CEIR Predict

Retrieved on: 
Wednesday, September 12, 2018
Conexpo-Con/Agg, GES, Central Equipment Identity Register, IFPE

LAS VEGAS, Sept. 12, 2018 /PRNewswire/ -- GES , a global full-service provider for live events, welcomes Dr. David Bell , an award-winning professor at the University of Pennsylvania's Wharton School and President of Idea Farm Ventures, to CEIR Predict .

Key Points: 
  • LAS VEGAS, Sept. 12, 2018 /PRNewswire/ -- GES , a global full-service provider for live events, welcomes Dr. David Bell , an award-winning professor at the University of Pennsylvania's Wharton School and President of Idea Farm Ventures, to CEIR Predict .
  • At the same time, the exhibition world has looked introspectively at how to evolve in this new climate.
  • "GES is excited for CEIR Predict attendees to hear from Dr. Bell on how they can leverage digital to combine community with profit," said GES EVP of Global Marketing Wendy Gibson.
  • GES partners with leading shows and brands, including Mary Kay, Spring Fair Birmingham, MAGIC, CONEXPO-CON/AGG & IFPE, and Canadian International Auto Show.