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C

Clip Money CLIP.V · CAD

N/A · TSX Venture · 🇨🇦 Canada

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0.13

-7.14%

Close of 5 Nov 2026, in CAD

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About Clip Money

Its shares trade on TSX Venture under the ticker CLIP.V. It has been listed since 26 May 2022. In the fiscal year to 31 December 2025, it reported revenue of $5.7m and a net loss of $9.1m. At that date it held total assets of $9.8m and shareholders' equity of −$16.0m.

Clip Money, Inc. operates a multi-bank self-service deposit system for businesses. The company is headquartered in Toronto, Ontario. The company went IPO on 2022-05-26. The firm operates a multi-bank self-service deposit system for businesses through its ClipDrop Boxes. ClipDrop Boxes give users the capability of making deposits outside of their bank branch at retailers and shopping malls. The company also enables businesses to deposit their cash at any ClipDrop Box located near them. After being deposited, the funds will automatically be credited to the business’ bank account, usually within one business day. The firm helps to combine functional hardware, a mobile application, and a cloud-based transaction engine that maximizes business banking transactions. Its Clip Dashboard provides transaction history and reporting, analytics, personnel management, and more. Combined with mobile user applications, Clip Money offers a convenient solution for business banking deposits in metropolitan statistical areas across Canada and the United States.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
N/A
Industry
N/A
Listed since
26 May 2022

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • ClipDrop Boxes enable deposits outside bank branches at retailers and malls in Canada and US.
  • Clip Dashboard provides transaction history, analytics, and personnel management for businesses.
  • Multi-bank system allows cash deposits to be credited within one business day across Canada and US.

Weaknesses

  • IPO listing date 26 May 2022 limits recent market performance analysis.
  • Headquarters in Toronto, Ontario, may restrict global expansion opportunities.
  • Multi-bank system requires integration with multiple financial institutions.

Opportunities

  • Expansion into new metropolitan statistical areas in Canada and US.
  • Growth in business banking transactions through mobile app integration.
  • Increased adoption of ClipDrop Boxes in retail and shopping mall locations.

Threats

  • Competition from traditional bank branches in Canada and US.
  • Regulatory changes in financial services affecting multi-bank systems.
  • Economic downturns reducing business cash deposit volumes.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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