Mercantile Processing Inc. Announces the Promotion of Zoe Cibuls to Chief Strategy Officer & Head of Risk and Underwriting

Georgetown, DE – 2/27/25 – Mercantile Processing Inc. (MPI) is proud to announce the
promotion of Zoe Cibuls from Director of Operations to Chief Strategy Officer & Head of Risk
and Underwriting. This well-earned advancement reflects her outstanding contributions over the
past two years, during which she has exemplified MPI’s core values of innovation, leadership,
and excellence.

Since joining MPI, Zoe has played a pivotal role in transforming the company’s operations. Her
leadership was instrumental in launching MPI’s transition from a retail Independent Sales
Organization (ISO) to a wholesale ISO, a strategic shift that would not have been possible
without her vision, dedication, and expertise.

In her new role, Zoe will be responsible for driving company-wide strategy across product
development, customer relationship management (CRM), and wholesale operations, ensuring
MPI remains at the forefront of industry innovation. She will also continue to oversee our Risk
and Underwriting Department, maintaining the high standards and risk management protocols
that define our success.

“Zoe’s leadership and strategic foresight have been invaluable to MPI’s growth,” said Kyle
Morgan, CEO and Founder. “Her ability to execute complex initiatives and drive operational
success has positioned MPI for continued expansion and industry leadership. We are excited to
see her take on this new role and lead us into the future.”

This promotion exemplifies MPI’s commitment to recognizing and empowering talent within our
organization. We are confident that Zoe’s leadership will further strengthen our strategic
initiatives, streamline our operations, and enhance our service offerings for partners and clients.
Please join us in congratulating Zoe Cibuls on her well-deserved promotion!

For media inquiries or further information, please contact: marketing@mpiprocessing.com