Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Clip Money Inc CLPMF


Primary Symbol: V.CLIP

Clip Money, Inc. is a Canada-based infrastructure driven fintech that enables businesses to make cash deposits. The Company operates a multi-bank self-service deposit system for businesses through its ClipDrop Boxes. ClipDrop Boxes give users the capability of making deposits outside of their bank branch at retailers and shopping malls. It also enables businesses to deposit their cash at any ClipDrop Box located near them. After being deposited, the funds will automatically be credited to the business’ bank account, usually within one business day. The Company helps to combine functional hardware, a mobile application, and a cloud-based transaction engine that maximizes business banking transactions. Its Clip Dashboard provides transaction history and reporting, analytics, personnel management, and more. Combined with mobile user applications, Clip Money offers a convenient solution for business banking deposits in metropolitan statistical areas across Canada and the United States.


TSXV:CLIP - Post by User

Comment by Redrum180on Sep 06, 2022 10:03pm
168 Views
Post# 34945465

RE:CLIP news, anyone?

RE:CLIP news, anyone?     I just emailed the company regarding my concerns about putting these units in shopping centers.

     My issue is security.  What do the units weigh?  Can they be broken into by a gang with sledgehammers?  Could an armed gang physically remove it from the mall?

     It may sound crazy but we live in a brave new world where crime is rampant.  I rember the looting of major malls during the BLM - Floyd protests.  People have stolen ATMs from private businesses using a chain and a pickup truck to drag them out of stores.

    In a perfect world, this technology would make an excellent speculation -- like Andy Griffith's Mayberry!

    I know I'm not answering your question; I don't even know when this company got started as they're only trading, it seems, starting on August 24, 2022.  Was it a private company prior to 8/24?  

     The stock rose sharply on low volume today, going from 50 cents to 65 cents on volume of only 10,000 shares.  I need to do more DD before considering a purchase.

    I'll post the essence of their response if they send me one.  
<< Previous
Bullboard Posts
Next >>