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Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Price History  |  Ratios  |  Insiders

Clip Money Inc V.CLIP

Alternate Symbol(s):  CLPMF

Technology Software - Infrastructure
Clip Money Inc., a financial technology company, provides deposit network services to businesses and financial institutions in North America. It offers ClipDrop Platform, an end-to-end system that includes user registration, location services, compliance and know your business (KYB), bar code and RFID tracking of deposit bags, and secure processing of deposits through ACH payment processing; ClipATM that enables businesses to perform cardless deposits into Clip enabled ATMs; and ClipChange, an on-demand or subscription-based service that provides packages of low denomination notes and coins. The company’s platform also enhances the transaction experience while accelerating business cash flows, improving management transparency, and reducing shrinkage. In addition, it offers cash pickup service that businesses can deposit their cash through its Clip network location. The company is based in Toronto, Canada. Clip Money Inc. is a subsidiary of NCR Atleos Corporation.


TSXV:CLIP - Post by User

Clip Money Inc
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  • Redrum180X
Comment by Redrum180on Sep 06, 2022 10:03pm
216 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.  
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