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Clip Money Inc. Reports 2025 Year End Results

GlobeNewswire
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Clip Money Inc., a Toronto-based fintech firm, reported 143% revenue growth in 2025 compared to 2024, driven by its multi-bank self-service deposit network for businesses. Cost of revenues rose just 52% during the same period, highlighting strong operational efficiency and scalability, with expectations of continued leverage in 2026. The company expanded to over 8,000 retail deposit locations across the U.S., positioning itself as a critical financial utility for businesses of all sizes. CEO Joe Arrage stated the growth reflects market readiness for digital cash management transformation, citing record Q4 performance and an unprecedented 2026 opportunity pipeline. Clip Money’s system integrates hardware, a mobile app, and cloud-based transactions, enabling same-day bank deposits for businesses via ClipDrop Boxes, ClipATMs, and ClipCenters.
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Author of the article:You can save this article by registering for free here. Or sign-in if you have an account.TORONTO, March 31, 2026 (GLOBE NEWSWIRE) — Clip Money Inc. (TSX-V: CLIP) (“Clip Money” or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce its financial results for the fiscal year ended December 31, 2025. The Company reported record revenue growth in 2025, up 143% from 2024. During the same period, the Company’s Cost of Revenues only increased 52%, demonstrating strong operating leverage that is expected to continue in 2026.Subscribe now to read the latest news in your city and across Canada.Subscribe now to read the latest news in your city and across Canada.Create an account or sign in to continue with your reading experience.Create an account or sign in to continue with your reading experience.All dollar amounts referenced herein are in U.S. dollars.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.2025 Financial Highlights2025 Corporate Highlights2025 Network & Customer Highlights“The results from 2025 confirm that the market is ready for a digital transformation in cash management. By significantly increasing our user base and scaling to over 8,000 retail deposit locations, we have achieved the required distribution necessary to conveniently service the majority of businesses across the U.S. This isn’t just growth; it’s the creation of an essential financial utility, supporting commercial businesses of any size. We are entering 2026 with a record-breaking Q4 behind us and the largest opportunity pipeline in Clip’s history that reflects the true value of the national network we’ve established.”— Joe Arrage, CEO and cofounder, Clip Money Inc.Additional InformationThe Company’s audited consolidated financial statements, notes to financial statements, and management’s discussion and analysis for the year ended December 31, 2025 are available on the Company’s SEDAR+ profile at www.sedarplus.ca. Unless otherwise indicated, all references to “$” in this press release refer to U.S. dollars.Forward‐Looking StatementsThis news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company’s current expectations regarding future events. Forward-looking statements are identified by words such as “believe”, “anticipate”, “project”, “expect”, “intend”, “plan”, “will”, “may”, “estimate” and other similar expressions. These statements are based on the Company’s expectations, estimates, forecasts and projections and include, without limitation, statements regarding the future success of the Company’s business.The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.About Clip Money Inc.Clip operates a multi-bank 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. For more information about the Company, visit www.clipmoney.com.For further information, please contact:Joseph ArrageChief Executive Officertel: 844-593-2547Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. 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Source: Financial Post