Breaking News

GLORY Invests in North America Fintech Clip Money Inc. to Deliver Enhanced Deposit Services for Businesses

[May 31, 2022]

Glory, a international leader in hard cash know-how alternatives to the economical and retail industries, now introduced their participation in the most current fundraising spherical by Clip Revenue Inc. (TSXV: CLIP) a Fintech running in Canada and the United States.

This press launch attributes multimedia. Watch the complete launch here:

Clip Money multi-bank deposit solution (Photo: Business Wire)

Clip Cash multi-financial institution deposit resolution (Photograph: Business Wire)

Clip Money simplifies the issues enterprises deal with when depositing cash, avoiding excursions to the lender through small business several hours, which take time absent from their buyers. Deployed at convenient spots, including major tier malls and at huge box suppliers, Clip Money’s platform combines a cellular application with a cloud-based transaction platform, protected related dollars deposit units, and administration software program to supply an close-to-conclusion deposit resolution to businesses, whoever they bank with. Clip Money’s self-assistance network is operational well previous regular financial institution branch several hours serving to travel a superior practical experience and enhanced income stream for companies. Clip is also encouraging financial establishments increase the arrive at of their network outdoors of the branch as they seem to reduce fees associated with their locational footprint, guide processes, and in-particular person transaction processing.

When conversing about the financial commitment Toshimitsu Yoshinari, Chief Alternatives Officr at Glory claimed “Significantly we are viewing the mixture of electronic and physical shared infrastructure methods to clear up serious environment difficulties in new ways. As bank branches all-around the planet go on to rework, going to a more sales-centric model, we are delighted to make investments and commercially companion with Clip Revenue as they produce new methods to aid deposit companies for organizations that are not only additional handy, but which produce a much better purchaser encounter.”

Joseph Arrage, CEO at Clip, commented “In addition to the business depositor advantages, Clip Money is strengthening the connection involving the bodily and digital worlds of banking providers which, in change, is encouraging monetary establishments speed up their electronic transformation. Solutions like Clip Cash are encouraging bridge this gap when enabling economic establishments to provide a higher amount of shopper services. I am energized about Glory as an investor and commercial spouse as they carry deep world-wide banking relationships and are a established innovator in the funds administration functions house.”

Economical phrases of the transaction were not disclosed.

– Ends –


As a world wide leader in dollars engineering options, we give the fiscal, retail, QSR, hard cash heart and gaming industries with self-confidence that their money is guarded and always functioning to aid create a stronger business.

Our dollars automation technologies and procedure engineering companies assist businesses in extra than 100 nations improve the handling, movement and management of funds. While we span the world, we personally have interaction with just about every shopper to handle their exceptional issues and objectives – boosting team efficiency, minimizing running charges and enabling a additional worthwhile client working experience.

Utilizing more than 10,000 specialists globally with devoted R&D and manufacturing services across the world, GLORY is created on a prosperous client-concentrated, engineering-driven heritage spanning virtually a hundred years.

For even further data make sure you stop by or adhere to us on Twitter: wide.

About Clip Cash Inc

Clip Revenue, Inc. is an infrastructure enabled Fintech that permits corporations to make deposits promptly, easily and securely to your existing organization bank account by a nationwide community of fall box destinations in malls, huge box stores, and grocery chains. Clip Income, Inc. increases the organization deposit knowledge by a transformational electronic and cellular enabled system expert services.

[ Back To Mobile World Congress’s Homepage ]