Clip Money Inc. Announces Changes to Board of Directors

TORONTO, September 5, 2024 (GLOBE NEWSWIRE) — Clip Money Inc. (TSX-V:CLIP) (“Clamp“or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, today announced that Mr. Jeff Gibson has stepped down as a director of the company, effective immediately. Mr. Gibson has made significant contributions to the company through his service as a board member over the past two years.

The Company is pleased to announce the appointment of Mr. Don Layden Jr. to the Company’s Board of Directors. Mr. Layden previously served as Executive Vice President of the Banking, Payments and Network Group at NCR Corporation, where he demonstrated exceptional leadership with strong strategic vision. Mr. Layden also currently serves as Managing Partner of Levy & Enders LLC, where he provides strategic counsel to financial technology companies at all stages of growth, including Western Union, ResultsCX and Confidence. In addition to his work at Levy & Enders LLC, Mr. Layden has served on the boards of several private and public companies, including currently as Executive Chairman of Kasisto, an AI solutions company for banking and finance. The Company is excited to leverage Mr. Layden’s guidance and extensive experience to advance the Company.