Clip Money Expands Cash Services for Businesses with 4,000 New Locations to Add Cash to their Accounts Across the U.S.

Sep 3, 2025

ATLANTA – – September 3, 2025 -- Clip Money, Inc. (“Clip” or “Company”) (TSXV:CLIP) (OTCQB:CLPMF), North America’s largest multi-bank, self-service deposit network for businesses, today announced the availability of a convenient new service enabling businesses to add cash into their bank accounts. Utilizing Green Dot Corporation’s (NYSE:GDOT) expansive money movement network (the Green Dot Network, powered by Arc) businesses can now load cash to their accounts quickly and conveniently at Walmart’s 4,000-plus locations nationwide.

As more traditional bank branches close, the new service gives businesses a modern alternative to bank branch visits and armored transport for cash management. Clip Money’s cash deposit technology is integrated with Green Dot's expansive money processing network, enabling businesses to make cash loads at nearby retail store locations, helping streamline operations and reduce costs. With full visibility into cash status, business leaders can make smarter decisions, save time and money and boost productivity.

“It is 2025, and yet local businesses still send employees to a sometimes-distant bank branch during limited business hours—just to stand in line and pay rising fees to deposit their cash,” said Joe Arrage, CEO of Clip Money, Inc. “Thanks to our partnership with Green Dot, business owners and employees can now visit any Walmart location and make fast, secure cash loads to their bank accounts. With the addition of the Walmart stores to our network, Clip becomes significantly more convenient for businesses—saving them both time and money.” 

“Our partnership with Clip Money empowers America’s small- and medium-sized businesses with more accessible cash services, saving them time and money,” said Renata Caine, GM/SVP, Embedded Finance, Green Dot. “We are thrilled to help Clip Money expand their Clip Deposit services and put Main Street businesses in a stronger position to grow and thrive.”

Clip adds over-the-counter service to its existing network of drop boxes (ClipDrop) and ATMs (ClipATM), giving businesses a variety of self-service and full-service options. With more than 8,000 locations, Clip is the operator of the largest non-bank business deposit network in the United States. Its network has the capacity to serve businesses in high-traffic shopping malls, commercial power centers, and now shopping centers.

About Clip Money Inc.

Clip operates a multi-bank, self-service deposit system for businesses through its network of ClipDrop Boxes and Clip-enabled ATMs. Rather than going to their personal bank branch or using an armored carrier service, businesses can deposit their cash at any ClipDrop or ATM located nearby at top retailers and shopping malls. Deposited funds are automatically credited to the business’ bank account, usually within 1 business day. The company combines functional hardware, an intuitive mobile app, and an innovative cloud-based transaction engine that maximizes business banking transactions. Clip also facilitates mobile change orders, which are fully insured and shipped within 1-2 business days. Clip Money offers a cost-effective and convenient solution for business banking deposits across major markets in Canada and the United States. For more information about the Company, visit www.clipmoney.com.

About Arc by Green Dot

Arc is the embedded finance platform of services featuring all of Green Dot’s secure banking and money processing capabilities designed to fuel value, loyalty and growth for consumers and businesses. Arc by Green Dot powers some of the world’s most trusted brands and thousands of other businesses with seamless, secure and useful financial tools and experiences.

Integrated with Green Dot Bank, Arc provides partners with leading FDIC-insured banking products and tools, plus regulatory and compliance expertise, oversight and support. The Arc platform is cloud-based, modular and scalable by design – configurable to meet a wide range of business needs and goals, and flexible to adapt as our partners grow. Arc’s end-to-end banking services are powered by enterprise-grade APIs and offer partners access to comprehensive customer support, fraud protection, the largest retail deposit and ATM network in the U.S., and much more. For more information, visit greendot.com/arc.

About Green Dot

Green Dot Corporation (NYSE: GDOT) is a financial technology platform and registered bank holding company that builds banking and payment solutions to create value, retain and reward customers, and accelerate growth for businesses of all sizes. For more than two decades, Green Dot has delivered financial tools and services that address the most pressing financial needs of consumers and businesses, and that transform the way people and businesses manage and move money.

Green Dot delivers a broad spectrum of financial products to consumers and businesses through its portfolio of brands, including: GO2bank, a leading digital and mobile bank account offering simple, secure and useful banking for Americans living paycheck to paycheck; the Green Dot Network (“GDN”) of more than 95,000 retail distribution and cash access locations nationwide; Arc by Green Dot, the single-source embedded finance platform combining all of Green Dot’s secure banking and money processing capabilities to power businesses at all stages of growth; rapid! wage and disbursements solutions, providing pay card and earned wage access services to more than 7,000 businesses and their employees; and Santa Barbara Tax Products Group (“SBTPG”), the company’s tax division, which processes more than 14 million tax refunds annually.

Founded in 1999, Green Dot has managed more than 80 million accounts to date both directly and through its partners. Green Dot Bank is a subsidiary of Green Dot Corporation and member of the FDIC. 

For more information about Green Dot’s products and services, please visit www.greendot.com.

For further information, please contact:

Joseph Arrage
Chief Executive Officer
tel: 844-593-2547