Latest news with #Clip
The Verge
6 days ago
- The Verge
Pebblebee's AirTag alternative can now share your real-time location in an emergency
In July, Pebblebee announced a new safety feature for its Clip location tracker. Called Alert, it turns the Apple AirTag alternative into a panic alarm. Rapidly pressing the Clip's button activates a flashing light and loud 97-decibel siren while also triggering Pebblebee's mobile app to send a browser link of your current location to a single trusted contact as an SMS message. Today, Pebblebee announced more features for Alert as part of an upgraded Alert Alive option that's available through a subscription. Alert Alive expands your automatically contacted Safety Circle from just a single person to up to five, and it shares your real-time location with them until you're safe and turn it off. The basic Alert features are still free, but Alert Alive is now available for $2.99 per month or $24.99 per year. Pebblebee is also introducing a Silent Mode upgrade for both Alert and Alert Alive today, for free, that sends alerts more discreetly without the siren or flashing light, which the company says is designed for 'high-stress or unsafe situations where quiet communication is essential.' Posts from this author will be added to your daily email digest and your homepage feed. See All by Andrew Liszewski Posts from this topic will be added to your daily email digest and your homepage feed. See All Gadgets Posts from this topic will be added to your daily email digest and your homepage feed. See All News
Finextra
21-07-2025
- Business
- Finextra
Clip integrates Belvo tech to boost financial inclusion in Mexico
In a market where 30 percent of credit applications in Mexico are rejected for lack of bureau history, Clip—the country's leading digital commerce platform—is redefining financial inclusion by fully adopting Belvo's technology to scale its credit and automated payment products through PrestaClip. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Clip integrated Belvo's full suite—employment data, employment updates, and account to account debit payments—to build robust infrastructure that serves everything from small businesses to nationwide corporates. An end to end solution for the entire credit cycle Clip's commitment to an end to end Open Finance approach tackles a structural gap in Mexico's financial system: reaching people who have never had formal access to credit. Belvo's employment data product allows Clip to understand an applicant's job stability and income capacity—even when traditional banking history is absent. Since adopting this technology, Clip has reported tangible gains after incorporating variables such as length of employment, formal income, and frequency of job changes. The model is reinforced by automatic updates on users' employment status, enabling Clip to dynamically adjust risk and keep credit limits up to date. This full visibility across the credit life cycle—from application to post disbursement monitoring—has helped Clip minimize fraud, automate processes, and, through PrestaClip, offer more personalized loan terms. Payment automation and operational efficiency Another cornerstone of the partnership is Belvo's bank debit product, which lets Clip automate recurring collections, improve cash flow, and deliver a frictionless experience to users. This is especially valuable for verticals such as gyms, insurance, education, and subscription services, where monthly payments demand high predictability. Belvo processes roughly two million account to account payment transactions every month—an annualized total payment volume (TPV) of more than USD 500 million—reflecting rising demand for efficient collection schemes in sectors long reliant on cash or manual transfers. Clip leverages this capability to reinforce its strategy across businesses of all sizes and industries. By automating payments, client companies can cut collection costs, raise payment success rates, and reduce customer churn—yielding clear benefits in liquidity and operational management. Scalability and impact for businesses of all sizes Unlike single purpose solutions, the Clip–Belvo combination is built to scale. Whether it is a micro merchant or a yoga studio chain—or a multi branch enterprise that needs to monitor payments and operations on one platform—the shared tech stack centralizes decisions, reduces friction, and accelerates the digitization of critical processes. 'What matters about this alliance is not just integrating technology, but applying it to solve real financial inclusion challenges. Clip has the reach, and we provide the data and infrastructure to make it happen,' said Federica Gregorini, Country Manager at Belvo Mexico. Clip's case mirrors an emerging trend among financial institutions and fintechs: moving beyond models based solely on traditional data and embracing alternative data sources to build more inclusive, dynamic, and efficient products. With more than 30 million CURPs processed via Belvo so far in 2025—and a connection success rate above 98 percent—the ecosystem proves that reliable, secure mechanisms exist to assess repayment capacity without relying exclusively on traditional information. This full integration between Clip and Belvo not only redefines how personalized credit is offered and how recurring payments are collected; it sets a new standard for financial product design in Mexico, where technology, data, and scalability converge to serve those historically left out of the system. * PrestaClip, S.A. de C.V. is the commercial entity that directly offers the credit product to Clip customers.
Business Wire
14-07-2025
- Business
- Business Wire
Meet Alert — Personal Safety Built Into Every Pebblebee Clip for Instant Protection Just in Time for Back to School
SEATTLE--(BUSINESS WIRE)--Pebblebee, a leader in item finder solutions, introduced today Alert, a powerful new personal safety feature now embedded in every existing and future versions of Clip. What began as an essential way to keep track of your keys, bags, and gear is now also a discreet safety companion — complete with a siren, strobe light, and instant emergency notifications. Alert is easily activated with rapid-press innovation and triggers a siren and flashing strobe. Just in time for back to campus, the Clip Universal is both an item finder and a lifeline for students. Additionally, students and parents can customize a trusted Safety Circle for Alert notifications giving both peace of mind. Experience Alert 'For over a decade, we've focused on helping people track what matters most,' said Pebblebee CEO and founder Daniel Daoura. 'But as a dad, I wanted more than just peace of mind over where something is — I wanted personal safety that's always within reach. So we built Alert. Now the same Clip that helps you find your keys can help keep you, or your loved ones, safe in a moment of crisis.' New Rapid Press & Safety Circle Features While most safety devices are bulky, obvious, or targeted to specific groups, Alert is inclusive by design — sleek, subtle, and already in your everyday carry. Whether you're a student walking home, a commuter on a late train, or a parent traveling with kids, Alert provides a quiet confidence: protection without stigma. Here's how it works: Rapid-press the Clip to trigger the siren and flashing strobe — even if your phone is out of reach. Alert your Safety Circle (pre-selected contacts) via the Pebblebee app and backend services. Notifications are sent as long as your phone is nearby. No subscription. No extra hardware. Just peace of mind built into what you already carry. 'Alert does for personal safety what smartphones did for cameras,' continued Daoura. 'It makes safety seamless — not something extra to remember, but something that's always with you.' Pricing & Availability Pebblebee Clip Universal is available now for $34.99 at Amazon, and select retailers. Alert is included for free for new and existing customers. Current Pebblebee customers can enable Alert through a free update in the Pebblebee app starting today. About Pebblebee Pebblebee is a tracking and personal safety company on a mission to make peace of mind effortless. For over 10 years, we've led innovation in smart, sustainable Bluetooth technology — evolving from simple item finders into a full-featured safety platform. Today, we blend sleek, rechargeable hardware with powerful software services that help people stay connected to what matters most — whether that's your keys, your bag, or your loved ones. Compatible with both Apple® Find My™ and Google's Find Hub™, Pebblebee products are built for real life: intuitive, sustainable, and rooted in empathy. Backed by thousands of reviews and a near five star rating, the new features like Safety Circle and Alert showcase how Pebblebee continues to redefine everyday protection. Learn more at
Yahoo
25-06-2025
- Business
- Yahoo
Clip Money Inc. Announces Results of Voting at Annual Meeting of Shareholders
TORONTO, June 25, 2025 (GLOBE NEWSWIRE) -- Clip Money Inc. (TSX-V: CLIP) (OTCQB: CLPMF) ('Clip Money' or the 'Company'), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce the results of voting at its annual meeting of shareholders held on June 25, 2025 (the 'Meeting'). Each of the five nominees listed in the management information circular dated May 7, 2025 (the 'Circular') prepared in connection with the Meeting were elected as directors of the Company. The Company received proxies and virtual votes at the Meeting as set out below: Nominee Votes For % of Votes For Votes Withheld % of Votes Withheld Joseph Arrage 51,288,231 100.00% 0 0.00% Stuart Mackinnon 51,283,141 99.99% 5,090 0.01% Don Layden, Jr. 51,283,141 99.99% 5,090 0.01% Peter Dorsman 51,283,141 99.99% 5,090 0.01% John Desmond 51,283,141 99.99% 5,090 0.01% The ordinary resolution approving the appointment of MNP LLP as the Company's auditors until the close of the next annual meeting of the Shareholders or until its successor is appointed, was passed by 100.00% of the votes represented at the Meeting. Furthermore, the ordinary resolution re-approving the Company's Amended and Restated Omnibus Equity Incentive Plan, as described in the Circular, was passed by 99.99% of the votes represented at the Meeting. Details of the voting results on all matters considered at the Meeting are available in the Company's report of voting results, which is available under Clip Money's profile on SEDAR+ at 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 or ClipATM 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 For further information, please contact: Joseph ArrageChief Executive Officertel: 844-593-2547Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Clip Money Inc. Reports First Quarter 2025 Results
TORONTO, May 23, 2025 (GLOBE NEWSWIRE) -- Clip Money Inc. (TSX-V: CLIP) (OTCQB: CLPMF) ('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 three months ended March 31, 2025. The Company reported continued revenue growth in the first quarter of 2025, up 225% from Q1 2024, while cost of revenues were up only 35% during the same time period, maintaining high operating leverage into the new year. First Quarter Financial 2025 Highlights: Revenue for the first quarter of 2025 ('Q1 2025') was $972,706, compared to $299,176 in the first quarter of 2024 ('Q1 2024'), which equates to 225% growth year-over-year ('YoY'). Q1 2025 revenue was down 16% quarter-over-quarter ('QoQ') compared to the fourth quarter of 2024 ('Q4 2024'), which was a function of Q4 seasonality from holiday shopping. Excluding the impact of seasonality, revenue grew 11% QoQ. Revenue growth continues to outpace changes in Costs of Revenue ('COR'). Q1 2025 COR of $1,009,557 was up 35% YoY, relative to 225% YoY revenue growth. YoY revenue growth for Q1 2025 was driven by a 153% increase in new deposit users, and a 10% increase in average monthly deposit revenue per user. Deposit revenue growth was supported by contribution from new products, namely revenue from Change Orders and implementation fees. New product revenue represented 22% of total revenue in Q1 2025 compared to 9% in Q1 2024. Operating expenses for Q1 2025 were $1,832,196, compared to $1,680,477 in Q1 2024, which represents a 9% YoY increase. Q1 2025 operating expenses were 8% higher QoQ compared to Q4 2024. Net loss for Q1 2025 was $2,280,281, compared to $2,397,212 in Q1 2024, which represents an improvement of 5% YoY. On February 24, 2025, the Company closed a non-brokered private placement of an unsecured convertible note for aggregate gross proceeds of $2,000,000 from Cardtronics Inc., a subsidiary of NCR Atleos Corporation. Network & Customer Highlights: Clip Money grew its leading shopping center network to 473 ClipDrop deposit units in Q1 2024, adding 29 additional shopping center locations in the quarter. Continued organic growth from existing customers led to 401 new users in the quarter. Existing customers drove immediate adoption at newly deployed mall locations. In addition, we welcomed several new retailers to the growing Clip customer base this quarter, including Pop Mart, Squishable, Spring Step Shoes, and Go Retail. Clip has been laying the groundwork for a major expansion of our U.S. business deposit network. In partnership with Green Dot, Clip will launch ClipCenter in Q2, adding over 4,000 over-the-counter deposit locations to complement our existing ClipDrop and Clip ATM footprint. This expansion supports our strategic goal of building the largest and most convenient business deposit network in the U.S.—a valuable utility for financial institutions, fintech's and businesses alike. Additional launch details will be shared in the weeks ahead. 'We are pleased with our Q1 results, which position Clip for continued growth through 2025. The ongoing addition of store locations by our largest customers underscores our commitment to delivering value and reliable, differentiated service in a category that has long been underserved. We also achieved a key strategic milestone this quarter with the expansion of our network through a partnership with Green Dot. This partnership will add more than 4,000 over-the-counter deposit locations at major big-box retail stores, significantly enhancing the scale, convenience and capacity of the Clip Network. We believe this expansion further strengthens our value proposition to financial institutions, fintech's and businesses nationwide. ' Joseph Arrage (CEO & Co-Founder) Corporate Update The Company also announces that the board of directors has approved the grant of an aggregate of 965,000 restricted share units (the 'RSUs') and 27,500 options (the 'Options', and together with the RSUs, the 'Awards') to acquire common shares of the Company to certain directors, executives and employees of the Company to recognize their performance in 2024. The Awards will be issued on May 27, 2025. All of the RSUs to be awarded to directors will vest 12 months after the date of the grant, and all of the RSUs to be awarded to executives and employees will vest over three years, with one-third vesting every 12 months after the date of the grant. The Options will have a three-year vesting period, with an exercise price equal to the closing market price of Clip Money's common shares on May 26, 2025, and will expire 10 years from the date of the grant. The RSUs and Options will be governed by the terms of the Company's amended and restated omnibus equity incentive plan, under which an aggregate of 10,516,419 Common Shares are issuable. Additional Information The Company's interim condensed consolidated financial statements, notes to financial statements, and management's discussion and analysis for the three months ended March 31, 2025 are available on the Company's SEDAR+ profile at Unless otherwise indicated, all references to '$' in this press release refer to U.S. dollars. Forward‐Looking Statements This 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 or ClipATM 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 For further information, please contact: Joseph ArrageChief Executive Officertel: 844-593-2547
