Clip Money Inc. (CLIP.V)
Clip Money Inc. operates in the Software - Infrastructure industry of the Technology sector, headquartered in Toronto, ON, CA. The stock last traded at $0.17, up 25.00% on the session, giving a market capitalisation of $19.6M. Its beta of -0.53 implies it has historically moved less than the broad market.
Headquartered in Toronto, Canada, Clip Money Inc. is a financial technology firm that delivers deposit network solutions across North America to both businesses and financial institutions. Its flagship offering, the Clip Drop Platform, represents a comprehensive, end-to-end system. This platform manages everything from user onboarding and identifying deposit locations to ensuring regulatory compliance (Know Your Business, or KYB), tracking deposit bags via barcode and RFID, and securely processing funds through ACH payments. Beyond these core functionalities, the platform is designed to streamline the transaction process, accelerate cash flow for businesses, boost management visibility, and minimize financial losses from shrinkage. Additionally, Clip Money provides a convenient cash collection service, allowing businesses to deposit their earnings into designated ClipDrop Boxes situated within various retail establishments and shopping centers.
Clip Money Inc. is most often compared with the following Technology names: