Clip Money Inc. Announces Expanded Partnership with Centennial Delivering Cash Management Solutions to 1600+ Retailers

Rhea-AI Summary

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.

Positive

• Expanded coverage to over 1,600 tenants at Centennial locations
• Mall network now exceeds 500 shopping centers
• Deposit ecosystem reaches 8,000+ locations
• Next-business-day credit and real-time digital tracking

Negative

• Retailers face heavier cash volumes and safeguarding pressure during the holiday season
• Widespread bank branch closures and reduced hours continue to strain retailer operations

Key Figures

Deposit locations over 8,000 locations Clip Money business deposit network in North America

Centennial properties over 35 properties Retail and mixed-use properties operated by Centennial in U.S.

Centennial tenants over 1,600 tenants Retail and restaurant tenants gaining access to ClipDrop

Mall network over 500 centers Clip’s mall network after adding Centennial’s centers

Deposit ecosystem 8,000+ locations Combined malls and big-box retailers supporting deposits

Total financings US$4,000,000 Financings announced on <b>Jul 18, 2025</b>

Convertible note US$3,000,000 at 13% interest 5-year maturity note issued to Cardtronics Inc.

Private placement US$1,000,000 6,876,500 common shares at CAD$0.20 per share

Market Reality Check

$0.1459 Last Close

Volume Volume 500 vs 20-day average 3,748 (relative volume 0.13x) ahead of this news. low

Technical Price 0.1459 trades below 200-day MA at 0.17, and 41.64% below 52-week high.

Peers on Argus

Peers showed mixed moves: PKKFF up 21.52%, UNFYF up 9.08%, while CLOQ and SDCH fell 10.08% and 3.05% with NOWVF flat, indicating stock-specific factors for CLPMF.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Sep 30	Retail partnership	Positive	-9.6%	Claire’s adopted Clip’s cash management across nearly 800 North American stores.
Jul 18	Financing transactions	Negative	-14.9%	Company raised US$4M via convertible note and insider private placement.
Jun 25	Annual meeting	Neutral	+0.9%	Shareholders re-elected directors and approved auditors with near-unanimous support.

Pattern Detected

Past news shows occasional negative reactions even to seemingly positive operational updates, while routine corporate actions drew minimal price response.

Recent Company History

Over the last few quarters, Clip Money reported a strategic retail rollout with Claire’s across nearly 800 stores, a mixed market reaction to US$4,000,000 in financings, and a routine annual meeting where all proposals passed with over 99.99% support. Those events expanded its deposit network and strengthened liquidity. Today’s Centennial partnership continues this theme of network growth for cash-management services across malls and retail centers.

Market Pulse Summary

This announcement highlights Clip Money’s continued build-out of its cash-deposit network, adding Centennial locations and giving over 1,600 tenants access to onsite ClipDrop solutions. Combined with earlier partnerships that expanded coverage to more than 8,000 locations and over 500 malls, the company has emphasized scale and convenience. Investors may watch for subsequent metrics on tenant adoption, transaction volumes, and any additional capital needs following prior US$4,000,000 financings.

Key Terms

convertible note financial

"raised US$3 million through a convertible note issued to Cardtronics Inc."

A convertible note is a type of loan that a company gets from investors, which can later be turned into company shares instead of being paid back in cash. It matters because it helps startups raise money quickly without setting a fixed value for the company right away, making it easier to grow and attract investors.

private placement financial

"completed a US$1 million private placement of 6,876,500 common shares"

A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.

embedded finance platform technical

"leverages Green Dot's embedded finance platform and network"

An embedded finance platform is a technology service that lets non‑financial businesses offer banking, payments, lending, or insurance features directly inside their apps or websites, like adding a checkout loan or an in‑app wallet. Investors care because it can create new recurring revenue streams, boost customer engagement and reduce costs compared with traditional banks — similar to a store adding its own checkout system rather than sending customers elsewhere.

omnibus equity incentive plan financial

"re-approved the Amended and Restated Omnibus Equity Incentive Plan"

A single, company-wide plan that lets a business grant different kinds of stock-based pay — such as stock options, shares that vest over time, or other equity awards — to employees, directors and consultants. It matters to investors because it determines how much of the company can be paid out in shares, how quickly those shares enter the market, and how well employees are motivated to grow the business; think of it as a toolbox or menu for paying with ownership stakes that can dilute existing holders and affect company performance.

AI-generated analysis. Not financial advice.

ATLANTA, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Clip Money Inc. (TSX-V: CLIP) (OTCQB: CLPMF) (“Clip Money” or the “Company”), operator of North America's only multi-bank cash deposit system for businesses with over 8,000 deposit accepting locations, is pleased to announce an expanded portfolio partnership with Centennial, a leading retail and mixed-use real estate operator with over 35 properties in the United States. Through this collaboration, more than a dozen Centennial locations will now host ClipDrops, a commercial cash deposit solution for use by Centennial tenants, providing over 1,600 retail and restaurant tenants with an onsite alternative to traditional bank deposits.

This partnership marks a significant milestone in Clip’s mission to modernize and simplify cash-handling for retailers across North America. With the addition of Centennial’s centers, Clip’s mall network now exceeds 500 shopping centers, supported by a deposit ecosystem of 8,000+ locations spanning malls and big-box retailers.

Retailers continue to feel the effects of widespread bank branch closures, reduced branch hours, and rising demands on staff time. ClipDrop directly addresses those pressure points by offering retailers an indoor, on-property deposit option available during extended retail hours eliminating the need for staff to leave the shopping center. Clip’s platform allows retailers to track deposits digitally in real time, access next-business-day credit to any bank account, and reduce time spent on manual cash-handling tasks.

“At Centennial, we are always looking for ways to support our retailers and growing our relationship with Clip Money aims to reduce friction with retailer cash deposits, saving them time and money, while letting their employees focus on retailing, ” said Bil Ingraham, EVP, Business Development and Revenue.

This expansion arrives just in time for the holiday season, when cash volumes increase and operational demands intensify. Retailers face heavier transaction loads and greater pressure to safeguard cash. This makes dependable, trackable deposit solutions even more valuable to retailers and their head office leadership.

“Retailers today are being asked to do more with fewer resources, especially as bank branches continue to close at a rapid pace,” said Joseph Arrage, CEO of Clip. “By installing ClipDrop across their centers, Centennial is removing a major pain point for store teams and giving them a more accessible way to handle cash deposits right where they operate. It’s the kind of forward-thinking support that helps retailers focus on exceptional customer service.”

About Clip Money Inc.
Clip operates a multi-bank self-service deposit system for businesses through the Clip Money network that gives users the capability of making deposits outside of their bank branch at top retailers and shopping malls. Rather than having to go to their personal bank branch or using a cash pickup service, businesses can deposit their cash at any ClipDrop Box, ClipATM, or ClipCenter located near them. After being deposited, the funds will automatically be credited to the business’ bank account, usually within one business day. The Company combines functional hardware, premium customer support, an intuitive digital platform, and an innovative cloud-based transaction engine that maximizes business-banking transactions. Combined with mobile user applications, Clip offers a cost-effective and convenient solution for business banking deposits in nationwide areas across the United States and Canada. For more information about the Company, visit www.clipmoney.com.

About Centennial
Centennial is a retail real estate investment firm with a national portfolio of shopping, dining, entertainment and mixed-use destinations as well as a full-service property management platform serving third-party owners. With over 300 employees nationwide, the company now operates over 25 million square feet of mixed-use destinations in 18 states. Since 1997, Centennial has played a pivotal role in shaping the evolution of American retail by creating a superior multi-faceted shopping experience with properties that serve not only as a place of commerce, but as a place of community. For more information, visit CentennialREC.com.

For further information, please contact:
Joseph Arrage
Chief Executive Officer
Tel: 844-593-2547

FAQ

What did Clip Money announce on December 8, 2025 regarding Centennial and CLPMF?

Clip Money announced an expanded partnership with Centennial to install ClipDrop at more than a dozen centers, covering over 1,600 tenants.

How many locations does Clip Money's deposit ecosystem (CLPMF) now include after the Centennial deal?

After the expansion, Clip’s deposit ecosystem exceeds 8,000 locations, and its mall network tops 500 shopping centers.

What services does ClipDrop provide for retailers using CLPMF solutions?

ClipDrop provides onsite indoor deposits during extended hours, real-time deposit tracking, and next-business-day credit to any bank account.

How does the Centennial partnership affect retailers during the 2025 holiday season?

The partnership gives retailers an onsite deposit option to help handle increased cash volumes and reduce staff time spent on manual cash-handling.

Why is ClipDrop positioned as a solution amid bank branch closures for CLPMF shareholders?

ClipDrop offers an on-property alternative as bank branches close or reduce hours, helping retailers avoid leaving shopping centers for deposits.