Clip Money, Inc. V.CLIP

Alternate Symbol(s): CLPMF

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.

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Clip Money, Inc. > CLIP news, anyone?

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Post by Voyager7on Aug 16, 2022 11:20am

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Post# 34899417

CLIP news, anyone?

For a new TSX-v listing, surprisingly little news on last Q, or even an update on financials since going public. Trying to gain the merchant cash deposit biz from banks glad to get rid of cash handling, should warrant some quarterly progress words. Are banks not eager to shuffle this expense off? ‍

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