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Clip (TSXV:CLIP) named ‘2022 Best CashTech Start-up’ in Madrid

Technology
TSXV:CLIP
26 September 2022 14:00 (EDT)

Source: Clip Money.

Clip Money (CLIP) was named Best CashTech Startup at the CashTech Innovation Awards at the Future of Cash Conference in Madrid, Spain.

The independent think-tank, CashEssentials, has set up the CashTech Innovation Awards. It recognizes innovations that facilitate access to and acceptance of cash. The reduction in bank cash infrastructure (branches, ATMs, and cash centers) is a significant challenge for businesses globally that requires modern, technology-driven solutions.

CashEssentials Steering Committee sought nominations from “innovative companies who leverage software and modern communications technology to improve cash services – including access for consumers and businesses; facilitating the acceptance of cash by retailers across all channels; and enhancing the overall efficiency, resilience and sustainability of cash.”

The Future of Cash Conference is an annual event. The central banks, commercial banks, and organization delegates from more than 20 countries attend this event. They represent a broad cross-section of cash cycle stakeholders.

Joseph Arrage, CEO of Clip, commented on the news.

“At Clip, we are passionate about revolutionizing the cash ecosystem for businesses. We are humbled to be recognized for our contributions by The Future of Cash Conference and CashEssentials. We remain dedicated to building an accessible and convenient network to ensure there is a reliable, affordable solution and sustainable future for cash transactions worldwide.”

Clip Money is a financial technology company which provides innovative business solutions. It provides the fastest and easiest way for businesses to make deposits securely to their current business bank account. The company improves the business deposit experience through transformational digital and mobile-enabled platform services.

Clip Money Inc. (CLIP) opened trading at C$0.45 per share.


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