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Clip Money Inc. ( (TSE:CLIP) ) just unveiled an update.
Clip Money Inc. has announced the closing of a US$2,000,000 convertible note financing with Cardtronics Inc., its largest shareholder and strategic partner. This financing will support Clip Money’s network expansion, customer acquisition, and other operational needs, highlighting Cardtronics’ confidence in Clip Money’s solutions and team.
More about Clip Money Inc.
Clip Money Inc. operates in the financial technology industry, providing a multi-bank self-service deposit system for businesses. The company focuses on enhancing business banking solutions through strategic partnerships, such as with Cardtronics, a subsidiary of NCR Atleos Corporation.
YTD Price Performance: -16.36%
Average Trading Volume: 29,727
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$18.88M
Learn more about CLIP stock on TipRanks’ Stock Analysis page.