Business
Clip Money Inc. Announces Expanded Partnership with Centennial Delivering Cash Management Solutions to 1600+ Retailers
ATLANTA, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Clip Money Inc. (TSX-V: CLIP) (OTCQB: CLPMF) (...
About this update from Clip Money Inc.
[{"type":"text","content":"Clip Money Inc. Announces Expanded Partnership with Centennial Delivering Cash Management Solutions to 1600+ Retailers\n\n\n\n ATLANTA, Dec. 08, 2025 (GLOBE NEWSWIRE) --\n \n Clip Money Inc.\n \n (TSX-V: CLIP) (OTCQB: CLPMF) (“Clip Money” or the “Company”), operator of North America's only multi-bank cash deposit system for businesses with over 8,000 deposit accepting locations, is pleased to announce an expanded portfolio partnership with\n \n Centennial\n \n , a leading retail and mixed-use real estate operator with over 35 properties in the United States. Through this collaboration, more than a dozen Centennial locations will now host ClipDrops, a commercial cash deposit solution for use by Centennial tenants, providing over 1,600 retail and restaurant tenants with an onsite alternative to traditional bank deposits.\n \n\n This partnership marks a significant milestone in Clip’s mission to modernize and simplify cash-handling for retailers across North America. With the addition of Centennial’s centers, Clip’s mall network now exceeds 500 shopping centers, supported by a deposit ecosystem of 8,000+ locations spanning malls and big-box retailers.\n \n\n Retailers continue to feel the effects of widespread bank branch closures, reduced branch hours, and rising demands on staff time. ClipDrop directly addresses those pressure points by offering retailers an indoor, on-property deposit option available during extended retail hours eliminating the need for staff to leave the shopping center. Clip’s platform allows retailers to track deposits digitally in real time, access next-business-day credit to any bank account, and reduce time spent on manual cash-handling tasks.\n \n\n “At Centennial, we are always looking for ways to support our retailers and growing our relationship with Clip Money aims to reduce friction with retailer cash deposits, saving them time and money, while letting their employees focus on retailing, ” said Bil Ingraham, EVP, Business Development and Revenue.\n \n\n This expansion arrives just in time for the holiday season, when cash volumes increase and operational demands intensify. Retailers face heavier transaction loads and greater pressure to safeguard cash. This makes dependable, trackable deposit solutions even more valuable to retail...