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