TORONTO, June 02, 2022 (GLOBE NEWSWIRE) — Clip Cash Inc. (TSXV: CLIP), a Fintech working in Canada and america declares that Glory, a worldwide chief in money know-how options to the monetary and retail industries, has participated within the newest fundraising spherical.
Clip Cash simplifies the challenges companies face when depositing money, avoiding journeys to the financial institution throughout enterprise hours, which take time away from their clients. Deployed at handy places, together with high tier malls and at huge field retailers, Clip Cash’s platform combines a cell app with a cloud-based transaction platform, safe linked money deposit units, and administration software program to ship an end-to-end deposit answer to companies, whoever they financial institution with. Clip Cash’s self-service community is operational properly previous typical financial institution department hours serving to drive a greater expertise and improved money stream for companies. Clip can be serving to monetary establishments lengthen the attain of their community outdoors of the department as they appear to scale back prices related to their locational footprint, guide processes, and in-person transaction processing.
When speaking concerning the funding Toshimitsu Yoshinari, Chief Options Officer at Glory, stated, “More and more we’re seeing the mix of digital and bodily shared infrastructure options to resolve actual world issues in new methods. As financial institution branches all over the world proceed to remodel, transferring to a extra sales-centric mannequin, we’re delighted to take a position and commercially associate with Clip Cash as they develop new methods to assist deposit providers for companies that aren’t solely extra handy, however which ship a greater buyer expertise.”
Joseph Arrage, CEO at Clip, commented, “Along with the enterprise depositor advantages, Clip Cash is bettering the connection between the bodily and digital worlds of banking providers which, in flip, helps monetary establishments speed up their digital transformation. Options like Clip Cash are serving to bridge this hole whereas enabling monetary establishments to supply a excessive stage of customer support. I’m enthusiastic about Glory as an investor and business associate as they bring about deep world banking relationships and are a confirmed innovator within the money administration operations house.”
Monetary phrases of the transaction weren’t disclosed.
As a worldwide chief in money know-how options, we offer the monetary, retail, QSR, money middle and gaming industries with confidence that their money is protected and at all times working to assist construct a stronger enterprise.
Our money automation applied sciences and course of engineering providers assist companies in additional than 100 international locations optimize the dealing with, motion and administration of money. Whereas we span the globe, we personally interact with every buyer to deal with their distinctive challenges and objectives — enhancing workers effectivity, lowering working prices and enabling a extra rewarding buyer expertise.
Using over 10,000 professionals worldwide with devoted R&D and manufacturing amenities the world over, GLORY is constructed on a wealthy customer-focused, technology-driven heritage spanning nearly 100 years.
About Clip Cash Inc
Clip Cash, Inc. is an infrastructure enabled Fintech that allows companies to make deposits shortly, simply and securely to your present enterprise checking account by way of a nationwide community of drop field places in malls, huge field shops, and grocery chains. Clip Cash, Inc. improves the enterprise deposit expertise by way of a transformational digital and cell enabled platform providers.
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