News

  *IOU Financial originated USD$45.0 Million in new loans in 3Q2015   *Retail and wholesale channels continue to demonstrate strong growth MONTRÉAL, Oct. 8, 2015 /CNW/ – IOU Financial Inc. , (TSX Venture Exchange:IOU) (“IOU Financial” or the “Company“) a leading online small business lender in the United States, announced today it originated USD$45.0 Million […]

MONTREAL, Québec, September 25, 2015 /CNW/ – IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”), a leading online lender to small businesses in the United States, announced today that it has entered into an engagement letter with Palos Management Inc., a registered dealer, in connection with a brokered private placement on

MONTREAL, Sept. 21, 2015 /CNW/ – IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company“) a leading online small business lender in the United States, announced today that Canadian Business and PROFIT ranked IOU Financial as the #1 fastest growing Financial Services Firm on the 27th annual PROFIT 500, the definitive ranking

IOU Financial achieved profitability with record loan originations in the months of July and August, totaling US$31.3 million, representing a year over year increase of 150%. Board has approved a letter of intent for a credit facility of up to US$50 million from a major institutional lender. Board has received an offer to proceed with a

IOU urges shareholders to REJECT Qwave Partial Offer Qwave lacks credible plan and its offer is substantially inadequate IOU’s business continues to accelerate and has originated US$260 million in loans since inception MONTREAL, Sept. 8, 2015 /CNW/ – IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU” or the “Company“), a leading online lender to small

Montreal, August 25, 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 three and six month period ended June 30, 2015. Loan originations for the second quarter ended June 30, 2015 were US$33.8 million, representing an increase of 39.7%

MONTRÉAL, Québec, August 19, 2015 – IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”) a leading online lender to small businesses in the United States, is pleased to announce today that it intends to open up its offerings to the Canadian marketplace. IOU Financial’s unique approach to lending will revolutionize small

40% year over year increase in loan originations Retail and wholesale channels demonstrate strong growth MONTRÉAL, July 20, 2015 /CNW/ – IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”) a leading online lender to small businesses, announced today it originated US$33.8 Million in new loans in the second quarter of 2015,

• IOU board and management poised to deliver sustainable long term shareholder value, Qwave offer puts that at risk. • Qwave’s partial offer significantly undervalues IOU’s market position, assets, brand presence, and long-term business prospects. • Qwave’s track record is unknown and they have not articulated a credible plan for IOU. Montreal, Quebec, July 10,

Montreal, Quebec, July 7, 2015 – IOU Financial Inc. (TSXV: IOU) (“IOU Financial” or the “Company”), a leading online lender to small businesses, today announces that it has commenced legal proceedings against Qwave Capital LLC (“Qwave”) and its manager Serguei Kouzmine before the Québec Superior Court. IOU Financial alleges that, in making its unsolicited partial