News

Montreal, Quebec, November 12, 2014 — IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”) today announced that it has changed its auditors from BDO Canada LLP (the “Former Auditors”) to PricewaterhouseCoopers LLP (“PwC”) effective November 12, 2014. PwC is one of the world’s largest professional services firms with more than 161,000 […]

Montreal, Quebec, October 01, 2014 — IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”) today announced that it has entered into a new twelve-year Sublease agreement with Palos Management Inc. (“Sublease”) for the rental of new premises located on the 16th floor of Place Ville-Marie, Montreal, Canada. “We are looking forward

MONTRÉAL, Québec, September 26, 2014 – IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”), parent of IOU Central Inc. (“IOU Central”), an online lender to small businesses, today announced that it has entered into an Endorsement and Licensing Agreement with O’Leary Ventures Corporation (“O’Leary”). The intent of the agreement is to

Montreal, August 26, 2014 – IOU FINANCIAL INC. (“IOU” or “the Company”; ticker symbol IOU/TSX-V) recorded revenue for the quarter ended June 30, 2014 of $1,493,806 versus $732,188 for the quarter ended June 30, 2013. The Company closed its second quarter of fiscal 2014 with a net loss attributable to common shareholders of $424,529, or

Montreal, Quebec, July 15, 2014 — IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”) today announced the grant of options pursuant to its Stock Option Plan. IOU Financial granted options entitling one of its directors to acquire up to an aggregate of 45,000 Common Shares of the Company at an exercise

MONTREAL, Quebec, June 12, 2014 – IOU Financial Inc. (TSX-V: IOU; “IOU Financial”, “IOU”, or the “Company”) announced today that Canadian Business and PROFIT 500 ranked IOU Financial No. 32 on the 26th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the July issue of Canadian Business and online at PROFITguide.com,

Montreal, Quebec, May 23rd, 2014 — IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”) is pleased to announce the results of its Annual General and Special Meeting of Shareholders (the “Meeting”) held on May 23rd, 2014. At this Meeting, the Company’s shareholders voted in favour of the following resolutions: the election

Montreal, May 23, 2014 – IOU FINANCIAL INC. (“IOU” or “the Company”; ticker symbol IOU/TSX-V) recorded revenue for the quarter ended March 31, 2014 of $1,344,401 versus $476,665 for the quarter ended March 31, 2013. The Company closed its first quarter of fiscal 2014 with a net loss attributable to common shareholders of $414,784, or

MONTRÉAL, April 25, 2014 – IOU Financial Inc. (“IOU Financial”) (TSX Venture Exchange: IOU) is pleased to announce that it has entered into a new agreement with Palos Management Inc. and the Palos/IOU High Yield Fund (the “Fund”), a fund managed by Palos Management Inc., whereby its wholly-owned US subsidiary, IOU Central Inc., will have

Montreal, Quebec, April 22, 2014 — IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”) today announced the appointment of Mr. Paul Hamilton as its Chief Technology Officer. Mr. Hamilton is responsible for developing the Company’s overall technology vision, driving cross-company engineering initiatives and collaborations as well as overseeing the planning, execution