Clip, the Mexican payments company, has acquired Pulpos, a cloud-based business management system for small merchants. Clip announced the deal from Mexico City on October 28, 2026, alongside the appointment of former Toast chief technology officer Debra Chrapaty to its board.
The companies did not disclose the price. Pulpos will keep operating under its own brand and with its own team, and merchants who use either company will keep their current accounts and terms, Clip said. New features will be introduced gradually as the two products are integrated.
The purchase moves Clip further beyond card acceptance into the software merchants use to run their shops, El Cronista reported.
What Pulpos built
Pulpos was founded in 2023 by Franco Silveti, Lucas Cortés and Frank Martin. Its software puts point of sale, inventory, electronic invoicing under CFDI 4.0, Mexico's digital tax receipt standard, finance tools, an online store and the management of customers, suppliers and employees into one cloud system.
Clip said Pulpos is used by thousands of Mexican merchants across all kinds of businesses. Clip listed supplier purchasing and AI agents among the capabilities the deal brings, and Pulso Capital described the software as AI-powered.
Martin said Pulpos was created to give merchants more control and visibility over their businesses, and that joining Clip would let the company take that mission to a much larger scale.
“Pulpos was born to give merchants greater control and visibility over their businesses.”
How the products will fit together
Clip plans to connect Pulpos's software to its payment services in stages. Once that is done, a sale processed through Clip will automatically update the merchant's inventory, generate the information needed for an invoice and record the transaction, according to the company. Clip said this should cut the manual work small businesses do to keep payments, stock and tax paperwork in line.
Pulso Capital reported that the integration will start in Mexico. It quoted Gabriel Fernandez, Pulpos's chief growth officer, as saying the deal would let Pulpos reach more businesses in the country, and Mariano Carranza, Clip's president and chief financial officer, as saying the goal was to make the data from each sale more useful to merchants.
Why Clip is buying
Clip describes itself as a financial ecosystem that owns the infrastructure linking businesses and consumers in Mexico's digital economy, and says it has made digital payments accessible to millions of businesses there. El Cronista described it as a Mexican unicorn.
Founder and chief executive Adolfo Babatz said the Pulpos deal and Chrapaty's appointment were two complementary parts of the company Clip is building: one expands the tools merchants use to get paid, manage and grow, and the other brings experience to guide strategic and technology decisions.
Chrapaty previously held technology leadership roles at Wells Fargo, Amazon and Microsoft before serving as chief technology officer of Toast, the US restaurant software and payments company.
Chrapaty said that over her career she had seen well-built technology redefine whole industries, and described Clip as an ecosystem that goes beyond a payments platform. She said she wanted to help the company speed up product development and scale secure technology for financial inclusion. Clip said her experience spans large-scale technology, infrastructure, cloud, operations and financial services.
In June, Clip launched Mi Clip, a digital wallet, with Ant International, Mastercard and Televisa-Univision. Clip said both moves fit with Mexico's proposed Digital Economy and Digital Payments Law and with Plan México's focus on small businesses.
What merchants can expect
Clip said nothing changes immediately for existing customers of either company. Pulpos users keep their software and terms, and Clip merchants keep their payment accounts. The combined features will be switched on step by step as the integration moves forward, and Clip did not give a timetable.
El Cronista reported that the plan is aimed at small and medium-sized businesses, which Clip wants to serve with a single set of tools for accepting payments and running daily operations. Neither company disclosed how many customers Pulpos has, how much it had raised from investors, or how many people it employs.
