Flexiti Appoints Joe Prodan as Chief Financial Officer

Mr. Prodan brings over 25 years of experience as a financial professional to
Flexiti's executive leadership team

TORONTO, July 24, 2018 /CNW/ - Flexiti, a leading fintech company and private label credit card issuer in Canada, today announced the appointment of Joe Prodan as Chief Financial Officer (CFO) effective July 24, 2018.

As CFO, Mr. Prodan will be responsible for overseeing all financial aspects of the company, including financial planning and analysis, financial reporting and investor relations functions.

Mr. Prodan brings over 25 years of experience as a financial professional to his role. At present, he serves as Board Member and Chair of the Audit Committee for NamSys Inc. (TSXV:CTZ), a well-established software company delivering SaaS solutions for the cash services industry. Prior to NamSys, he served as a transformation and start-up CFO for a number of organizations including Terago, Mobilicity and Sirius Radio.

Mr. Prodan is a Chartered Professional Accountant (CPA, CMA), awarded in 1993 by The Society of Management Accountants of Ontario. He earned an Honours Bachelor of Arts in Economics from Wilfrid Laurier University in 1991.

"Joe's experience working with companies that have broken new ground within their respective markets will be a tremendous asset for Flexiti," said Peter Kalen, Founder and CEO of Flexiti. "As we continue to redefine the payments space in Canada, Joe's insight and direction will be critical to our success. We look forward to welcoming him to our senior leadership team."

About Flexiti
Flexiti has reimagined point-of-sale (POS) consumer financing to drive sales for retailers in-store and online, and is one of Canada's leading private label credit card issuers. Through our award-winning platform, we deliver a POS financing experience across any device that is customer-centric, simple and intuitive. Without the need to integrate into existing POS systems, retail partners can easily offer the same fast and paperless financing solution across all retail locations and sales channels to increase revenue and build loyalty through repeat purchases. Flexiti's joint venture with Globalive Technology demonstrates its commitment to innovation in the payments space through the development of solutions leveraging artificial intelligence and blockchain technology. With high approval rates, innovative products and services, flexible promotional offers and a partnership-first approach, Flexiti is helping people improve their lives through better financing. For more information, visit www.flexiti.com.

SOURCE Flexiti Financial

Media Contact: Jason Kinnear, 647-291-8026, [email protected]