PRESS RELEASE

TORONTO, CANADA, May 11, 2023 - Stack Capital Group Inc., (TSX: STCK and STCK.WT) is pleased to announce that Prove Identity, Inc. (“Prove”), a global leader in consumer identity verification and authentication, and existing Stack Capital Group Inc. portfolio holding, was recently selected by Visa, Inc. (NYSE:V), a world leader in digital payments; and FanDuel Group, an industry leader in legalized and regulated mobile sports wagering, to provide identity verification and authentication solutions aimed at preventing fraud and delivering a more efficient customer onboarding process.
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Visa clients now have access to the award-winning Prove Pre-Fill® identity verification solution, which enables customers to opt into pre-filling registration forms securely and with ease.  Eight of the top ten banks in the United States; and 1,000+ bank, fintech, healthcare, retail and gaming companies worldwide currently leverage Prove’s solutions to reduce fraud, deter abandonment during the registration process, and ultimately increase revenue by pre-populating application forms with verified and authenticated information.  Prove will make customer onboarding at Visa significantly faster, reduce fraud, while at the same time improving customer security.

‍FanDuel Group selected Prove to offer a seamless and secure gaming experience for its users, and the partnership marks Prove’s continued growth and adoption within the larger iGaming and sports betting landscape. Using the Prove Pre-Fill® solution, online applications will be auto-filled with bank-grade data from authoritative sources, and consumer identities will be authenticated to thwart account opening fraud. Overall, FanDuel users will benefit from a faster, easier, and more secure sign-up process.
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“The recent Visa and FanDuel partnership announcements confirm that the identity verification & authentication solutions from Prove deliver value”, said Jeff Parks, CEO of Stack Capital. “It’s no coincidence that Prove is used by the top US banks, along with 1,000+ other businesses worldwide to more efficiently on-board customers, better detect and reduce fraud, and grow revenues.  We’re impressed with the growth of Prove’s business to date and believe that the Company is well-positioned to build on its already impressive global footprint.”    
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To access a copy of Prove’s Visa press release, please click here.

To access a copy of Prove’s FanDuel press release, please click here.
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About Stack Capital 
Stack Capital is an investment holding company and its business objective is to invest in equity, debt and/or other securities of growth-to-late-stage private businesses. Through Stack Capital, shareholders have the opportunity to gain exposure to the diversified private investment portfolio; participate in the private market; and have liquidity due to the listing of the Common Shares and Warrants on the TSX. At the same time, the public structure also allows the Company to focus its efforts on maximizing long-term performance through a portfolio of high growth businesses, which are not widely available to most Canadian investors. SC Partners Ltd. (the "Manager") has taken the initiative in creating the Company and acts as the Company's administrator and is responsible to source and advise with respect to all investments for the Company.

‍About Hopper 
Hopper is the world's fastest-growing mobile-first travel marketplace, focused on helping customers save money and travel better. The Hopper app has nearly 100 million downloads and continues to capture market share around the world. By leveraging massive amounts of data and machine learning, the company has developed several unique fintech solutions that address everything from pricing volatility to trip disruptions. Through its B2B initiative, Hopper Cloud, the company is syndicating its travel fintech products and inventory, providing companies that aspire to sell travel a differentiated consumer experience and offering. Hopper has increased its revenue 2.5Xyear-over-year and sells around $6 billion in travel and travel fintech annually. To find out more about Hopper, visit Hopper.com.

About Uber
Uber’s mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 10 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.


For more information, please visit our website at www.stackcapitalgroup.com or contact:
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Brian Viveiros
VP, Corporate Development, and Investor Relations
647.280.3307
brian@stackcapitalgroup.com

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