18:06:06 EDT Wed 12 Aug 2026
Enter Symbol
or Name
USA
CA



Clip Money Inc
Symbol CLIP
Shares Issued 113,517,420
Close 2026-08-12 C$ 0.175
Market Cap C$ 19,865,549
Recent Sedar+ Documents

Clip Money receives final advance of $1.62M from BDC

2026-08-12 16:48 ET - News Release

Mr. Joseph Arrage reports

CLIP MONEY INC. RECEIVES SECOND AND FINAL ADVANCE OF CAD$1.62 MILLION UNDER BDC LOAN

Clip Money Inc. has received the second and final advance of $1.62-million from Business Development Bank of Canada's (BDC) growth and transition capital team pursuant to the company's previously announced $3-million loan.

The BDC loan, which matures on Aug. 15, 2028, has now been fully drawn for an aggregate principal amount of $3-million. The financing will be used for working capital and growth initiatives of the company. For additional details regarding the terms of the BDC loan, please refer to the company's press release dated Dec. 18, 2025.

About Clip Money Inc.

Clip operates a multibank 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, an intuitive mobile app 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 metropolitan statistical areas across Canada and the United States.

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