Welcome to our dedicated page for Clip Money news (Ticker: CLPMF), a resource for investors and traders seeking the latest updates and insights on Clip Money stock.
Clip Money Inc. (OTCQB: CLPMF; TSX-V: CLIP) generates frequent news as it expands its multi-bank self-service cash deposit network for businesses across the United States and Canada. This news page aggregates company announcements, operational updates, financing developments, and customer case studies related to Clip’s cash management platform.
Recent news releases describe Clip’s growing footprint of ClipDrop, ClipATM, and ClipCenter locations at shopping malls and big-box retailers, as well as the rollout of ClipChange, its change-order delivery service. Readers can follow updates on new partnerships, such as collaborations with Green Dot, Cardtronics Inc., and major retail and real estate operators that host Clip’s deposit locations.
Clip also publishes quarterly and annual financial results, highlighting revenue trends, network growth, and changes in operating expenses and costs of revenue. These earnings-related releases often include network and customer highlights, such as the number of new business users, adoption by enterprise retailers, and usage of ClipChange alongside deposit services.
In addition, the company issues news on capital raises and corporate actions, including unsecured convertible notes, loans from the Business Development Bank of Canada, private placements, equity incentive grants, and shareholder meeting results. Together, these updates provide insight into how Clip funds its operations, expands its network, and manages corporate governance.
Investors and observers can use this page to review Clip Money’s latest disclosures in one place, from operational milestones and customer wins to financing transactions and governance decisions, all sourced from the company’s own public announcements.
Clip Money (OTCQB: CLPMF) secured a CAD$3.0 million loan from Business Development Bank of Canada (BDC) to fund working capital and growth initiatives. The BDC Loan matures on August 15, 2028 and allows principal repayment as a single balloon payment on the maturity date.
Interest is BDC’s floating base rate (6.8% as of Oct 24, 2025) plus 1% per annum, plus an Additional Interest component of 7.45% per annum (non-compounding). Clip Money granted BDC a first-ranking security interest and Clip Money (USA) provided a 100% guarantee. No equity, warrants, or finder’s securities were issued.
Clip Money (OTCQB: CLPMF) expanded its partnership with Centennial to deploy ClipDrop commercial cash deposit solutions at more than a dozen Centennial locations, covering over 1,600 retail and restaurant tenants. The addition pushes Clip’s mall network past 500 shopping centers and its deposit ecosystem to 8,000+ locations across malls and big-box retailers.
ClipDrop offers retailers onsite, indoor deposits during extended retail hours, real-time digital deposit tracking, and next-business-day credit to any bank account. The rollout aims to address bank branch closures, reduced branch hours, and higher holiday cash volumes that increase operational pressure on store teams.
Clip Money (OTC: CLPMF) reported Q3 2025 revenue of $1,435,501, up 175% YoY, with cost of revenues rising 55% YoY, showing continued operating leverage. Q3 2025 core revenue was +26% QoQ. Operating expenses were $1,987,589 (+24% YoY) and comprehensive loss was $2,764,599 (+19% YoY), partly from a non-cash fair-value derivative adjustment (~14% of the increase).
Network expansion continued: > 8,100 deposit locations in the U.S., 1,110 new user locations added in Q3 2025, and Claire’s onboarded ~780 locations. ClipChange orders rose 19% QoQ.
Clip Money (OTCQB: CLPMF), North America's leading multi-bank cash deposit system operator, has announced a strategic partnership with Claire's to streamline cash management across nearly 800 retail stores. Following Claire's acquisition by Ames Watson, Clip Money's solution addresses the retailer's complex cash management challenges by providing access to over 8,000 deposit locations.
The partnership implementation was completed in less than three weeks, demonstrating Clip's rapid deployment capabilities. The solution includes ClipDrop, ClipATM, ClipCenter, and ClipChange services, offering Claire's a comprehensive cash management system that reduces employee time spent on deposits and simplifies reconciliation processes.
Clip Money Inc. (OTCQB: CLPMF), a multi-bank self-service deposit system provider, reported strong Q2 2025 financial results with revenue of $1.35 million, marking a 248% year-over-year growth. The company demonstrated significant operating leverage with cost of revenues increasing only 60% during the same period.
Key operational highlights include the expansion of their U.S. business deposit network through a partnership with Green Dot, adding over 4,000 new deposit locations at big-box retail stores. The company's total network now spans 8,500 locations across ClipDrop, ClipATM, and ClipCenter services. Additionally, Clip Money secured $4 million in financing through a convertible note and private placement, while adding 294 new users and expanding their ClipDrop network to 483 units.
Clip Money Inc. (OTCQB: CLPMF) has secured US$4 million in financing through two separate transactions. The company raised US$3 million through a convertible note issued to Cardtronics Inc., its largest shareholder, with a 13% annual interest rate and 5-year maturity. Additionally, the company completed a US$1 million private placement of 6,876,500 common shares at CAD$0.20 per share to two insiders.
The convertible note includes flexible repayment terms at maturity, requiring at least 50% conversion to common shares at CAD$0.55 per share. Early redemption provisions include a 102% premium within three years and 101% thereafter. The proceeds will fund network expansion, customer acquisition, capital expenditures, and general corporate purposes.
Clip Money Inc. (OTCQB: CLPMF), a multi-bank self-service deposit system provider for businesses, held its annual shareholder meeting on June 25, 2025. All five director nominees were successfully elected with overwhelming support, receiving over 99.99% approval.
Shareholders also approved the appointment of MNP LLP as the company's auditors with 100% of votes in favor, and re-approved the Amended and Restated Omnibus Equity Incentive Plan with 99.99% support.
Clip Money Inc. (CLPMF) has announced the issuance of previously disclosed equity awards to executives, employees, and directors. The company granted 965,000 restricted share units (RSUs) and 27,500 options to executives and employees as performance recognition for 2024. Additionally, 450,000 RSUs were granted to directors as compensation.
Director RSUs will vest in 12 months, while executive and employee RSUs vest over three years (one-third annually). The options have a three-year vesting period with an exercise price of CAD$0.19 and expire in 10 years. These awards fall under the company's amended omnibus equity incentive plan, which allows for up to 10,516,419 Common Shares to be issued.
Clip Money Inc. (CLPMF) reported significant financial growth for fiscal year 2024, with revenue surging 308% year-over-year to $2,360,309, compared to $577,919 in 2023. The growth was driven by a 147% increase in new deposit users and a 32% increase in revenue per user.
Q4 2024 revenue reached $1,151,862, showing a 121% quarter-over-quarter increase from Q3's $521,316, with approximately 19% attributed to holiday seasonality. Operating expenses increased moderately by 5% YoY to $6,688,824, while Cost of Revenues rose 37% to $3,449,743.
The company expanded its network to 444 ClipDrop deposit units in Q4 2024, partnering with major mall operators. The company secured $2.8M through convertible notes, with PeoplesBank contributing $2M and NCR Atleos subsidiary Cardtronics providing $800,000. Their ClipChange solution now serves 16 customers across 673 locations.