Brisbane, Australia – 19 October, 2018 – PNI Financial Services Pty Ltd a Brisbane based and head quartered emerging fintech company is pleased to announce the acquisition of Clipp Pty Ltd from Impelus Limited (ASX:IMS). Clipp is a leader in frictionless payments within the Australian hospitality space.

Benjamin Banks, Managing Director of PNI Financial Services stated, “Clipp is a perfect fit to our core business strategies and aligns perfectly with a number of strategic third party partnerships with now have in place. We are very excited and are looking forward to enabling not only the hospitality industry with innovate payment and engagement solutions but new industry groups also.”

Clipp is directly connected to number of leading Point of Sale software packages which enables users and venues to interact in a variety of ways from simple tab and preordering to large scale function and stadium offerings. The business has been in operation in Australia since 2014 and has a strong and passionate consumer and venue base throughout all the states and territories.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Benjamin Banks
Manager Director, PNI Financial Services Pty Ltd
+61 419 680 362
bb@pnifs.com.au