TORONTO, Aug. 3, 2021 /CNW/ - Prodigy Ventures Inc. (TSXV: PGV) ("Prodigy" or the "Company") is pleased to announce the appointment of Bill Maurin to the Board of Directors.

Bill Maurin served as President and Chief Executive Officer of Meridian Credit Union. Under his leadership, Meridian grew its consolidated assets under management from $10 billion to over $25 billion, expanded its digital banking offering, and increased its branch footprint by almost 50 per cent. Bill focused on developing and executing growth-oriented strategies during his tenure with Meridian, delivering Meridian's unique brand of co-operative banking with a strong emphasis on providing quality service and innovative financial solutions while strengthening the communities it serves.

Bill led Meridian's amalgamation with Desjardins Credit Union in 2011 and Meridian's acquisition of Roynat Lease Finance in 2016. Bill also spearheaded the creation and development of motusbank, a full service national digital retail bank, launched in 2019. Bill also served as President and CEO of motusbank. With more than 30 years of experience in the financial services industry, Bill began his career at KPMG Chartered Accountants and then progressed through a variety of financial leadership roles at The CUMIS Group and served as Chief Financial Officer of Meridian prior to assuming the Chief Executive Officer role. Bill has served as a director in various financial services and trade organizations and currently serves as Trustee for Brock University and as a director for FICANEX Services Limited.

"I look forward to working with the Prodigy Board and Management team, building on the strong foundation of success that Prodigy has achieved in technology innovation.  Prodigy's recognition as one of North America's fastest growing technology companies is a testament to that success," said Bill Maurin. "And the acquisition of FICANEX Technology will further accelerate innovation and open new markets for growth."

"We are very excited that Bill has joined Prodigy's Board," said Tom Beckerman, Prodigy's CEO. "His experience as an innovation leader in the Canadian credit union space is a great match with Prodigy's growth strategy. Bill will be instrumental in helping Prodigy accelerate the delivery of its leading-edge platforms and services to financial institutions."

Mr. Maurin's appointment remains subject to the approval of the TSX Venture Exchange.

About Prodigy Ventures Inc.
Prodigy delivers Fintech innovation. The Company provides leading edge platforms, including IDVerifact™ for digital identity, and tunl.™ for open banking and customer chat support, coupled with seamless integration of our partners best-of breed Fintech platforms. Our services business, Prodigy Labs™, integrates and customizes our platforms for unique enterprise customer requirements, and provides technology services for digital identity, open banking, payments and digital transformation. Digital transformation services include strategy, architecture, design, project management, agile development, quality engineering and staff augmentation. Prodigy has been recognized as one of Canada's fastest growing companies with multiple awards.

For more information on Prodigy Ventures visit https://prodigy.ventures

Forward-Looking and Cautionary Statements

Certain information set out in this news release constitutes forward-looking information. Forward looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "believe" and similar expressions. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, they can give no assurance that those expectations will prove to have been correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, risk factors set forth in the Company's Management's Discussion and Analysis for the three months ended March 31, 2021, a copy of which is filed on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive. These statements are made as at the date hereof and unless otherwise required by law, the Company does not intend, or assume any obligation, to update these forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Prodigy Ventures Inc.

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