See the latest news on IOU Financial in small business lending.
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May 30, 2023
Company highlights impact of macro-economic conditions on Q1 2023 performance, outlines actions to improve revenue performance, reduce expenses for the remainder of 2023. Highlights: First quarter...
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May 5, 2023
IOU strengthens management team with new role in anticipation of upcoming business growth cycle ATLANTA, May 5, 2023 /CNW/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading...
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May 5, 2023
Growing concerns about bank failures offset by strong intentions to invest and grow businesses in 2023 ATLANTA, May 5, 2023 /CNW/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a...
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Apr 27, 2023
Leading online lender recognized for its significant achievements in the small business lending industry in 2022 ATLANTA, April 27, 2023 /CNW/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV:...
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Apr 25, 2023
Company highlights record loan originations of US$275.5 million, strong revenue growth on an annual basis and impact of macro-economic factors on Q4 results For the year ended December 31, 2022:...
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Feb 28, 2023
Danny O'Keefe appointed Chief Financial Officer; David Kennedy accepts Advisory role. ATLANTA, Feb. 28, 2023 /CNW/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online...
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Jan 18, 2023
Latest State of Small Business Survey from IOU Financial also reveals stronger-than-expected performance in 2022, positive current state and decreased concerns about the future. ATLANTA, Jan. 18, 2023
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Dec 1, 2022
Company continues to leverage strong cash position to reduce debt, bringing year-to-date total to $3.5 million of convertible debentures repurchased. MONTREAL, Dec. 1, 2022 /CNW Telbec/ - IOU...
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Nov 18, 2022
Company highlights record loan originations, strong revenue growth and improved operating expense ratio Third quarter loan originations totalled US$74.2 million, representing an increase of 25.8%...
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Nov 1, 2022
Company continues to leverage strong cash position to reduce debt, bringing year-to-date total to $2.4 million of convertible debentures repurchased. MONTREAL, Nov. 1, 2022 /CNW Telbec/ - IOU...
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Oct 4, 2022
Company points to success of Marketplace Strategy and Post-Pandemic Growth Plan in driving growth. ATLANTA, Oct. 4, 2022 /CNW/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading...
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Aug 26, 2022
IOU Financial Inc. (TSXV: IOU) ("IOU Financial" or the "Company"), a leading online lender to small businesses (IOUFinancial.com), announced today the change of its auditor from...
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Aug 26, 2022
Company highlights strong net earnings and a 98.5% increase in year to date loan originations vs. 2021. Second quarter loan originations totalled US$59.0 million, representing an increase of 71.3%...
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Aug 11, 2022
IOU FINANCIAL INC. ("IOU Financial" or the "Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today the grant of options pursuant to its Stock Option...
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Aug 8, 2022
Company focuses on long-term strategic financial planning and announces US$59.0 Million in Q2 loan originations ATLANTA, GA, Aug. 8, 2022 /CNW/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV:...
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Aug 1, 2022
Company delivers on its commitment to product innovation with biggest and longest-term loan product to date. ATLANTA, Aug. 1, 2022 /CNW/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU),...
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Jun 15, 2022
Leading online lender recognized as one of Fintech's 50 Best Places to Work in 2022 thanks to high employee satisfaction with company benefits and culture. ATLANTA, June 15, 2022 /CNW/ - IOU...
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Jun 9, 2022
Company continues to leverage strong cash position to reduce debt, bringing year-to-date total to $2 million of convertible debentures repurchased. MONTREAL, June 9, 2022 /CNW/ - IOU FINANCIAL INC. ("
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Jun 8, 2022
IOU Financial Inc. ("IOU Financial" or the "Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), today reported the results of the Annual General and Special...
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May 18, 2022
Company more than doubles loan originations vs. Q1 2021, generates over $1 million in net earnings and provides update on Post-Pandemic Growth Plan. Loan originations reached an all-time quarterly...
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May 4, 2022
Leading online lender recognized for supporting small businesses through the COVID-19 pandemic and for its strong performance in the recovery. ATLANTA, Ga., May 4, 2022 /CNW/ - IOU FINANCIAL INC....
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Apr 27, 2022
Company highlights strong year over year growth in loan originations, return to profitability on an annual basis, and provides update on Post-Pandemic Growth Plan. Total loan originations reached...
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Mar 22, 2022
Company continues to reduce corporate debt after seeing 2021 loan originations increase more than 90% vs 2020. MONTREAL, March 22, 2022 /CNW Telbec/ - IOU FINANCIAL INC. ("IOU" or "the Company")...
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Feb 1, 2022
Global C-level executive brings extensive track record of driving transformational growth and strategic initiatives for high-tech companies. MONTREAL, Feb. 1, 2022 /CNW/ - IOU FINANCIAL INC....
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Dec 15, 2021
Today's announcement brings year-to-date total repurchases to $3.7 million. MONTREAL, Dec. 15, 2021 /CNW Telbec/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender...
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Dec 3, 2021
IOU continues to fulfill product innovation promise to meet the funding needs of small business owners ATLANTA, Dec. 3, 2021 /CNW/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a...
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Dec 1, 2021
Successful migration to marketplace strategy enables further reduction of corporate debt, bringing year-to-date total convertible debentures repurchased to $3.5 million. MONTREAL, Dec. 1, 2021...
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Nov 18, 2021
Company highlights strong quarter-to-quarter growth in loan originations, shares progress on Post-Pandemic Growth Plan and continues migration to marketplace strategy. Loan origination volume grew...
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Nov 4, 2021
Company continues to leverage strong cash position to reduce debt, bringing year-to-date total to $3.2 million of convertible debentures repurchased. MONTREAL, Nov. 4, 2021 /CNW Telbec/ - IOU...
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Nov 2, 2021
Company celebrates major milestone in its 12-year history of funding small business growth in North America ATLANTA, Nov. 2, 2021 /CNW Telbec/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV:...
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Sep 3, 2021
IOU intends to repurchase an additional $2 million of convertible debentures, increasing the total announced and intended repurchases up to $4.3 million in 2021. MONTREAL, Sept. 3, 2021 /CNW/ -...
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Aug 26, 2021
Company highlights strong quarter-to-quarter growth in loan originations, shares progress on Post-Pandemic Growth Plans and announces migration to marketplace strategy. Loan origination volume grew to
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Aug 4, 2021
IOU fulfills innovation promise with unique term loan that rewards small business owners with a 3% rebate ATLANTA, Aug. 4, 2021 /CNW/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a...
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Aug 4, 2021
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today a series of appointments and new hires to complete its...
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Jun 16, 2021
Company follows through on plan to leverage strong cash position to consolidate its stake in capitalizing on the economic recovery. MONTREAL, June 16, 2021 /CNW/ - IOU FINANCIAL INC. ("IOU" or...
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Jun 10, 2021
IOU Financial Inc. ("IOU Financial" or the "Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), today reported the results of the Annual General and Special...
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May 21, 2021
Company highlights quarter-to-quarter growth in originations and strong cash position, announces Post-Pandemic Growth Plan. Loan origination volume grew to US$25.3 million in Q1 2021, representing...
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May 3, 2021
IOU FINANCIAL INC. ("IOU Financial" or the "Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today the grant of options pursuant to its Stock Option...
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Apr 30, 2021
Leading online lender recognized with Bronze-Level Stevie® award for Achievement in Finance MONTREAL, April 30, 2021 /CNW Telbec/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a...
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Apr 29, 2021
Company meets challenges of the COVID-19 pandemic and positions itself to increase lending activities to small businesses in anticipated recovery of the US economy. Loan origination volume grew...
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Apr 8, 2021
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today that it intends to repurchase up to $2,000,000 of its...
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Dec 3, 2020
IOU Financial Inc. ("IOU Financial" or the "Company") (TSXV: IOU) is pleased to announce that it closed on the date hereof its non-brokered private placement of 18,009,806 common shares of the...
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Nov 23, 2020
On a sequential basis, loan originations doubled to US$18.4 million in Q3 2020 from US$9.2 million in Q2 2020 as IOU gradually resumed loan originations to more businesses and geographical areas...
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Nov 4, 2020
Loan Purchase Agreement of up to US$150 million per year with Neuberger Berman fund enables IOU to capitalize on the economic recovery Neuberger Berman managed fund will also lead non-brokered...
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Sep 11, 2020
IOU FINANCIAL INC. ("IOU Financial" or the "Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today that it has amended the exercise price of the...
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Aug 27, 2020
IOU's Q2 2020 results were significantly impacted by the economic disruption of the COVID-19 pandemic, including reduced loan originations and increased provision for loan losses. However, IOU...
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Aug 4, 2020
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announces today that more than two-thirds of the value of the Company's...
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Jul 28, 2020
IOU FINANCIAL INC. ("IOU Financial" or the "Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today the grant of options pursuant to its Stock Option...
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Jun 22, 2020
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), reported today the results of its Annual General and Special Meeting of...
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May 28, 2020
Loan originations increased 16.0% to US$38.1 million in Q1 2020 compared to the same period in 2019. Total loans under management increased 24.3% to $119.9 million in Q1 2020 compared to Q1 2019....
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May 11, 2020
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), is pleased to announce that the Company's wholly owned subsidiary, IOU...
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Apr 29, 2020
Loan originations increased 23.4% to US$154.2 million in 2019 compared to 2018. Adjusted gross revenue increased 28.5% to $23.7 million in 2019 compared to 2018. Adjusted operating expense ratio...
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Apr 3, 2020
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announces today cost reduction and other initiatives due to the COVID-19...
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Mar 19, 2020
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), is providing an update to its business outlook given the COVID-19 pandemic....
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Jan 17, 2020
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), is pleased to announce it has engaged The Howard Group as its investor...
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Dec 31, 2019
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), is pleased to announce that it has modified and extended its US $22 million...
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Nov 13, 2019
Loan originations increased 14.5% to US$41.4 million in Q3 2019 compared to Q3 2018. Total loans under management increased 27.4% to $108.0 million as at September 30, 2019 compared to the same...
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Sep 27, 2019
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), is pleased to announce that IOU was named one of Canada's Top Growing...
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Sep 12, 2019
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), is pleased to announce that Canadian Business ranked IOU for the sixth...
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Aug 23, 2019
Loan originations increased 31.8% to US$38.5 million in Q2 2019 compared to Q2 2018. Total loans under management increased 36.4% to $101.0 million as at June 30, 2019 compared to the same period...
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Aug 2, 2019
IOU Financial Inc. ("IOU") (TSXV: IOU) is pleased to announce that the holders of its 10% convertible unsecured subordinated debentures due December 31, 2020 (the "Debentures") have approved the...
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Jul 25, 2019
IOU Financial Inc. ("IOU") (TSXV: IOU) is announcing that, subject to the definitive approval of the TSX Venture Exchange (the "TSX-V"), it intends to amend the terms of its series of 10%...
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May 23, 2019
IOU posts adjusted net earnings of $0.5 million in the first quarter of 2019. Under IFRS, Q1 2019 represents the Company's sixth consecutive profitable quarter. Loan originations increased 33.7%...
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May 3, 2019
IOU Financial Inc. ("IOU" or the "Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today that it will submit a special resolution at its annual and...
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Apr 25, 2019
IOU posts annual IFRS net earnings and adjusted net earnings of $2.7 million in 2018. Loan originations increased 36.8% to US$125.0 million during the year ended December 31, 2018. Total loans...
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Mar 20, 2019
IOU FINANCIAL INC. ("IOU" or "the Company"); (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today the grant of options pursuant to its Stock Option Plan. On...
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Mar 5, 2019
IOU FINANCIAL INC. ("IOU" or "the Company"); (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), is pleased to announce that it has entered into a US$50 million credit...
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Nov 26, 2018
IOU FINANCIAL INC. ("IOU" or "the Company"); (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), is pleased to announce its strategic partnership with FINSYNC, Inc. ("FINSYNC"
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Nov 14, 2018
IOU posts fourth consecutive quarter with positive earnings. Adjusted earnings amounted to $623,795 in Q3 2018 and $2.1 million year-to-date. Net earnings on an IFRS basis amounted to $600,593 in...
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Oct 11, 2018
IOU FINANCIAL INC. ("IOU Financial" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announces today that it has funded more than US$600 million in...
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Sep 14, 2018
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announces today that Canadian Business ranked IOU for the fifth consecutive...
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Aug 22, 2018IOU Financial Inc. Releases Financial Results for the Three and Six-Month Period Ended June 30, 2018
IOU posts third consecutive quarter with positive earnings. Adjusted earnings amounted to $0.7 million in Q2 2018 and $1.5 million year-to-date. Net earnings on an IFRS basis amounted to $0.9...
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Jul 3, 2018
IOU FINANCIAL INC. ("IOU Financial" or the "Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com) announced today the grant of options pursuant to its Stock Option...
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May 24, 2018
Net earnings on an IFRS basis and adjusted net earnings amounted to $0.8 million in Q1 2018, the second consecutive quarter with positive earnings for the Company. Loan originations increased 11.2% to
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Apr 26, 2018
Reached profitability during the year with positive adjusted net earnings of $0.1 million in Q4. Surpassed the half-billion loan origination mark with loan originations of $91.3 million (US) for...
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Feb 27, 2018
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today that it has modified and extended its secured credit...
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Feb 3, 2018
IOU FINANCIAL INC. ("IOU" or "the Company"; TSX-V:IOU), a leading online lender to small businesses (IOUFinancial.com), is pleased to announce a strategic partnership with Marietta, GA-based...
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Jan 24, 2018
IOU FINANCIAL INC. ("IOU" or "the Company"; TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), today announced its outlook for fiscal 2018. All dollar amounts are in...
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Dec 6, 2017
IOU Financial Inc. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announces today that it has facilitated more than US$500 million in...
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Nov 29, 2017
Gross revenue increased 5.7% to $13.2 million for the nine-month period ended September 30, 2017 compared to the same period in 2016. Opex (excluding non-recurring costs) decreased 19.3% to $2.2...
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Sep 14, 2017
IOU FINANCIAL INC. ("IOU" or "the Company"; TSX-V:IOU), a leading online lender to small businesses (IOUFinancial.com), announces today that Canadian Business and PROFIT ranks IOU Financial as the...
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Sep 6, 2017
IOU FINANCIAL INC. ("IOU" or "the Company"; TSX-V:IOU), a leading online lender to small businesses (IOUFinancial.com), is pleased to announce a strategic partnership with Rubicon Global. IOU...
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Aug 29, 2017IOU Financial Inc. Releases Financial Results for the Three and Six Month Period Ended June 30, 2017
Principal balance of loan portfolio increased 20.2% compared to the same period last year to $42.9 million consistent with the Company's strategy to retain more loans on its balance sheet. Gross...
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Jun 20, 2017
IOU Financial Inc. (TSXV: IOU) ("IOU Financial" or the "Company") today reported the results of its Annual General and Special Meeting of Shareholders held on this date (the "Meeting"). At the...
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May 29, 2017
Principal balance of loan portfolio increased 72.0% compared to the same period last year to $43.8 million consistent with the Company's strategy to retain more loans on its balance sheet. Gross...
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May 25, 2017
IOU Financial Inc. ("IOU Financial" or the "Company") (TSXV: IOU) is pleased to announce that it closed on the date hereof the brokered portion of its previously announced private placement of...
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May 15, 2017
IOU Financial Inc. ("IOU Financial" or the "Company") (TSX‑V: IOU) is pleased to announce that it closed on the date hereof the non-brokered portion of its previously announced private placement...
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May 3, 2017
IOU FINANCIAL INC. ("IOU" or "the Company"; TSX-V:IOU), a leading online lender to small businesses (IOUFinancial.com), is pleased to announce its strategic partnership with EVO Payments...
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May 1, 2017
/NOT FOR DISTRIBUTION IN THE UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MONTREAL, May 1, 2017 /CNW Telbec/ - IOU Financial Inc. (TSXV: IOU) ("IOU Financial" or, the...
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Apr 28, 2017
Closed $50 million credit facility lowering funding costs and enhancing competitive position. Principal balance of loan portfolio increased 53.2% to $42.1 million consistent with the Company's...
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Apr 19, 2017
FinTech Ventures Fund, LLLP ("FinTech"), announced today pursuant to National Instrument 62‑103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues that, pursuant to...
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Mar 27, 2017
IOU FINANCIAL INC. ("IOU" or "the Company"; TSX-V:IOU), a leading online lender to small businesses (IOUFinancial.com) has won a Gold Stevie® Award in the Best Use of Technology in Customer...
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Mar 23, 2017
IOU Financial Inc. ("IOU" or the "Company") (TSX-V:IOU), a leading online lender to small businesses, has won a Bronze Stevie Award for Back-Office Customer Service Team of the Year in the...
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Mar 2, 2017
IOU FINANCIAL INC. ("IOU" or "the Company"; TSX-V:IOU), a leading online lender to small businesses, is pleased to announce its CEO, Philippe Marleau, will serve as a panelist at the flagship...
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Nov 8, 2016
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...
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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...
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Oct 5, 2016
/NOT FOR DISTRIBUTION IN THE UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MONTREAL, Oct. 5, 2016 /CNW/ - IOU Financial Inc. (TSX Venture Exchange: IOU) ("IOU Financial" or...
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Sep 22, 2016
IOU Financial Inc. (TSX Venture Exchange: IOU) ("IOU Financial" or the "Company"), a leading online lender to small businesses, announced today a restructuring plan that will begin in September...
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Sep 19, 2016
IOU Financial Inc. (TSXV: 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...
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Sep 12, 2016
IOU Financial (TSX-V: IOU), a leading online lender (IOUFinancial.com) to small businesses in the United States and Canada, is pleased to announce its strategic partnership with RestaurantLink...