v3 Template
C

Clip Money Inc.

Financial Technology (FinTech) Toronto, Canada ~460 employees
Founded
--
Employees (Est.)
~460
23 leaders known
Total Funding
$39.7M
Funding Rounds
14
Last Funding
2025-12-18

About Clip Money Inc.

Clip is dedicated to modernizing cash management for businesses of all sizes. Their mission is to make depositing cash easier and to redefine the cash management industry with innovative solutions, saving businesses time and money through substantial monthly savings and efficient employee hour management.

Products & Services

ClipDrop:Self-service smart safes located in shopping malls for easy store employee deposits.
ClipATM:Part of the cash deposit network providing flexible deposit options for businesses.
Cashboard:A unified digital platform for managing store-level cash data, employees, and bank accounts with features for filtering, tracking, and reporting.
Cash Management Solutions:Includes a nationwide network of self-service locations for convenient business deposits, digital transaction tracking, reporting, and fast change delivery services with no long-term contracts or minimums.

Specialties

Cash Management Digital Transaction Tracking Business Deposits Change Order Delivery Self-Service Deposit Solutions

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt
T: -
FT: Debt
A: 3000000
MR: -
FA: CAD$3 million
FAN: 3000000
D: 2025-12-18
FD: 2025-12-18
1 investors
2 RT: Convertible Note and Equity Financing
T: -
FT: Convertible Note and Equity Financing
A: 4000000
MR: -
FA: US$4,000,000
FAN: 4000000
D: 2025-07-18
FD: 2025-07-18
2 investors
3 RT: Convertible Note
T: -
FT: Convertible Note
A: 2000000
MR: -
FA: US$2,000,000
FAN: 2000000
D: 2025-02-24
FD: 2025-02-24
1 investors
4 RT: Convertible Note
T: -
FT: Convertible Note
A: 2800000
MR: -
FA: US$2.8 Million
FAN: 2800000
D: 2024-09-17
FD: 2024-09-17
3 investors
5 RT: Debt
T: -
FT: Debt
A: 500000
MR: -
FA: CDN$500,000
FAN: 500000
D: 2023-12-19
FD: 2023-12-19
1 investors
6 RT: Private Placement
T: -
FT: Private Placement
A: 10000000
MR: -
FA: US$10,000,000
FAN: 10000000
D: 2023-09-22
FD: 2023-09-22
1 investors
7 RT: Debt
T: -
FT: Debt
A: 502879
MR: -
FA: approximately CDN$670,505
FAN: 502879
D: 2023-08-15
FD: 2023-08-15
1 investors
8 RT: Private Placement of Convertible Notes
T: -
FT: Private Placement of Convertible Notes
A: 3903000
MR: -
FA: CAD$3,903,000.00
FAN: 3903000
D: 2023-07-13
FD: 2023-07-13
-
9 RT: Convertible Note
T: -
FT: Convertible Note
A: 3903714
MR: -
FA: CAD$3,903,713.50
FAN: 3903714
D: 2023-06-14
FD: 2023-06-14
-
10 RT: Convertible Note
T: -
FT: Convertible Note
A: 483000
MR: -
FA: approximately CAD$483,000
FAN: 483000
D: 2023-05-04
FD: 2023-05-04
-
11 RT: Convertible Note
T: -
FT: Convertible Note
A: 4000000
MR: -
FA: up to CAD$4,000,000
FAN: 4000000
D: 2023-04-13
FD: 2023-04-13
-
12 RT: Convertible Note
T: -
FT: Convertible Note
A: 750000
MR: -
FA: up to CAD$1,000,000
FAN: 750000
D: 2023-03-28
FD: 2023-03-28
-
13 RT: Non-brokered Private Placement
T: -
FT: Non-brokered Private Placement
A: 1000000
MR: -
FA: up to CAD$1,000,000
FAN: 1000000
D: 2023-02-21
FD: 2023-02-21
-
14 RT: Private Placement
T: -
FT: Private Placement
A: 2831746
MR: -
FA: US$2,831,745.73
FAN: 2831746
D: 2023-02-13
FD: 2023-02-13
-
Debt Latest
2025-12-18
$3.0M
1 investor (Pro only)
Convertible Note and Equity Financing 2025-07-18
$4.0M
Convertible Note 2025-02-24
$2.0M

View 13 more funding rounds with Pro

Unlock Full Funding History

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

View 3 more growth metrics with Pro

Unlock All Metrics
Mock Up

Team & Leadership

J

Joe Arrage

B

Brian Bailey

M

Mark Blanchard

R

Roger Dalal

A

Arnoldas Grigutis

T

Thijs van der Heijden

View 20 more team members with Pro

Unlock Full Team Directory

Recent News

Clip Money Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

View 2 more news articles with Pro

Unlock Full News Feed
Mock Up

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

Mock Up

Company Details

Industries
Financial Technology (FinTech)
Company Size
~460 employees (est.)
Locations
Toronto, Canada
Toronto

Similar Companies

Discover AI-powered company recommendations based on industry, funding, and team profiles.

Upgrade to Pro

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

Upgrade to Pro