Clip Money Inc.
Symbol:
TSXV: CLIP
OTCQB: CLPMF
Market Cap:
Private
Sector:
Financial Technology
Summary:
- Clip’s first to market multi-bank deposit network disrupts the traditional business cash deposit process (using open banking technology and processes)
- Exclusive location partnerships including Simons Malls (NYSE: SPG), Staples Stores, Tanger Malls and Brookfield Properties.
- Best in class digital platform leveraging cutting edge Know Your Customer (KYC), monitoring, reporting and payments.
- Strategic operating partnership with Brinks to collect and process cash, and fund capital and provisional credit.
- Significant market opportunity due to the increasing costs to handle cash for retailers of all sizes, with high competitor barriers to entry.