John Maragliano, CPA, CA, CFA joins as Chief Financial Officer Greg Cicatelli leads sales expansion in the US market

Vancouver, B.C. – SNAP Financial Group, Inc. (www.snapfinancial.com) today announced two new members on the company’s executive leadership team – John Maragliano, Chief Financial Officer and Greg Cicatelli, Senior Vice President, Head of US Sales.

John Maragliano

Mr. Maragliano was most recently the Executive Vice President and Group Chief Financial Officer at Butterfield Bank, a publically owned, offshore bank with $10 billion in assets and $80 billion in off balance sheet assets.

“John has a wealth of experience in the financial services industry internationally. Specifically, his expertise in capital management, M&A and business growth will be instrumental in supporting SNAP’s future expansion plans,” said David Nickel, Chief Executive Officer at SNAP Financial Group.

“This is an exciting time to be joining SNAP,” said John Maragliano. “Over the last decade, the company has achieved a leading market position in the home improvement payment solution market in Canada, and I look forward to working with the leadership team to accomplish their growth objectives into new markets.”

Mr. Maragliano is a Chartered Accountant and holds a Chartered Financial Analyst designation.

Greg Cicatelli

Prior to joining SNAP, Mr. Cicatelli was with Hyperwallet as Senior Vice President, US Sales, leading the North American sales team.

“Greg’s sales and leadership experience specific to payment solutions products and services are strong assets for our company as we expand our presence in the United States,” said David Nickel.

“To be spearheading SNAP’s growth in the US market is extremely exciting,” said Greg Cicatelli. “I look forward to introducing SNAP’s innovative payment solutions to American HVAC dealers and demonstrating how SNAP can help them do more business.”

Mr. Cicatelli is a graduate of Saint Bonaventure University.

About SNAP Financial Group

Established in 2006, SNAP Financial Group provides turnkey and custom payment solutions designed to help companies across Canada and the United States attract and retain more customers. The company¹s mission is to make it easier for people and companies to pay for their goods and services, specifically with home improvement service providers, commercial equipment dealers and insurance brokers.

SNAP helps businesses grow by offering a range of financing products that can easily integrate into a business’ sales and marketing efforts by providing them with seamless loan origination systems, a simple user-friendly, application process, responsive reviews and approvals (typically under a minute), and industry-leading training and support.

Positioned as the fast, fair and friendly payment solutions company, SNAP has facilitated over 200,000 loans and $1 billion in financial transactions.