See the latest news on IOU Financial in small business lending.
Montreal, Quebec–(Newsfile Corp. – November 29, 2016) – IOU FINANCIAL INC. (TSXV: IOU) (“IOU” or “the Company”), a leading online lender to small businesses (IOUFinancial.com), announced today its results for the three and nine month period ended September 30, 2016. “IOU remains committed to achieving profitable growth by emphasizing credit quality over loan volume and […]
MONTRÉAL, Nov. 8, 2016 /CNW Telbec/ – IOU Financial Inc. (“IOU Financial” or the “Company“) (TSX-V: IOU) is pleased to announce that it closed on November 7, 2016 the second tranche of its previously announced private placement of common shares (the “Common Shares“) for total gross proceeds of approximately $1.1 million. The Common Shares were offered […]
MONTRÉAL, Oct. 13, 2016 – IOU Financial Inc. (“IOU Financial” or the “Company”) (TSXV: IOU) is pleased to announce that it closed on the date hereof the first tranche of its previously announced private placement of common shares (the “Common Shares”) for total gross proceeds of approximately $1.2 million. The Common Shares were offered to […]
IOU Financial Inc. intends to complete a non-brokered private placement of up to 8,148,148 common shares of the company for gross proceeds of up to $2.2-million. The shares will be offered at a price of 27 cents per share (representing the 21-day value-weighted average price of the shares on the TSX Venture Exchange as of […]
MONTREAL, September, 28th 2016 – IOU Financial (TSX-V: IOU), a progressive online lender (IOUFinancial.com) has entered into a partnership with Paysafe (PAYS: L), a leading global payments provider, to fuel the growth of small businesses in North America. The partnership, which covers the U.S. and Canada, will combine both companies’ market expertise and services to provide […]
IOU Financial Inc. will begin a restructuring plan in September, 2016, which will reflect the company’s long-term outlook for loan origination growth of 25 per cent to 30 per cent annually. The plan includes a reduction in the company’s operating expenses as well as a work force restructuring. Moreover, going forward, the company plans to […]
MONTREAL, Québec, September 19, 2016 – IOU Financial Inc. (TSX Venture Exchange: IOU) a leading online lender (IOUFinancial.com) to small business in the United States and Canada, announces today that Canadian Business and PROFIT ranks IOU Financial as the #8 fastest growing company on the 28th annual PROFIT500, the definitive ranking of Canada’s Fastest-Growing Companies. […]