June 2015

IOU Financial Advises Shareholders Not to Take Action with respect to Qwave’s Unsolicited Partial Offer; Hires Raymond James Ltd. as Financial Advisor and Announces Adoption of a Rights Plan

Montreal, Quebec, June 29, 2015 — IOU FINANCIAL INC. (“IOU Financial” or the “Company”; ticker symbol IOU/TSX-V), a leading online lender to small businesses, acknowledges the filing on June 25, 2015, of a take-over bid circular by Qwave Capital LLC (“Qwave”) for its unsolicited partial offer to purchase 34,000,000 outstanding common shares of IOU Financial […]

IOU Financial Advises Shareholders Not to Take Action with respect to Qwave’s Unsolicited Partial Offer; Hires Raymond James Ltd. as Financial Advisor and Announces Adoption of a Rights Plan Read More

IOU Financial announces the completion of its private placement for gross proceeds of $3,118,000

MONTRÉAL, June 19, 2015 /CNW Telbec/ – IOU Financial Inc. (TSXV: IOU) (“IOU Financial” or the “Company”), a leading online lender to small businesses, is pleased to announce that it closed its previously announced private placement for gross proceeds of $3,118,000. A syndicate of underwriters (the “Underwriters”) led by Haywood Securities Inc. and including Cormark Securities Inc. completed

IOU Financial announces the completion of its private placement for gross proceeds of $3,118,000 Read More

IOU Financial Responds to Qwave Announcement of Intention to Make an Unsolicited Partial Bid

MONTREAL, June 15, 2015 /CNW Telbec/ – IOU FINANCIAL INC. (“IOU Financial” or the “Company”) (TSXV: IOU), a leading online lender to small businesses, notes the announcement by Qwave Capital LLC (“Qwave”) of its intention to make a formal offer to acquire 30,000,000 outstanding common shares of IOU Financial, representing approximately 55.9% of the outstanding common shares of

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IOU Financial Inc.’s Results for the Three Month Period Ended March 31, 2015

Montreal, Quebec–(Newsfile Corp. – May 27, 2015) – IOU FINANCIALINC. (TSXV: IOU) (“IOU” or “the Company”), a leading online lender to small businesses, announced today its results for the three month period ended March 31, 2015. Loan originations for the first quarter ended March 31, 2015 were US$31.2 million, representing an increase of 52.9% over

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IOU Financial Inc.’s Results for the Fourth Quarter and Year Ended December 31, 2014

Montreal, April 28, 2015 – IOU FINANCIAL INC. (“IOU” or “the Company”; ticker symbol IOU/TSX-V), a leading online lender to small businesses, announced today its results for the fourth quarter and year ended December 31, 2014. Loan originations for the fourth quarter period ended December 31, 2014 were US$33.2 million, representing an increase of 120%

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IOU Financial Announces Private Placement Financing

NOT FOR DISTRIBUTION IN THE UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MONTRÉAL, Québec, February 26, 2015 – IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”), parent of IOU Central Inc. (“IOU Central”), a leading online lender to small businesses, today announced that it has entered into an

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IOU Financial Closes USD $99.5 Million in Loan Originations in 2014

MONTRÉAL, Québec, January 22, 2015 – IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”), parent of IOU Central Inc. (“IOU Central”), a leading online lender to small businesses, announced today it wrapped up 2014 originating USD$99.5 Million in loan originations during the year, representing a year over year increase of over

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