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 FINANCIAL INC. ("IOU" or "the
Company") (TSXV: IOU), a leading online lender to small businesses
(IOUFinancial.com), announced today it has been listed as one of
the 50 Best Places to Work in Fintech for 2022 by American
Banker.
IOU's inclusion on this list was based on employee satisfaction
rating, as well as appealing benefits and policies, which make it
an open and welcoming workplace in the time of The Great
Resignation.
"We are proud to be recognized as one of the best places to work
in Fintech," said Robert Gloer,
President and CEO. "We strive to offer competitive benefits
and create a culture where people look forward to going to work
each day, especially in the wake of all the workplace changes since
COVID-19."
IOU Financial is one of the only alternative lending companies
with a proprietary end-to-end technology platform (IOU360)
connecting brokers, merchants, and investors in real time – and
supporting dynamic and high performing teams of professionals that
deliver growth capital to small businesses across the US in a
matter of hours.
Companies from across the U.S. entered a two-part survey process
to determine American Banker's (Arizent) Best Places to Work in
Financial Technology. The survey looked at workplace policies,
practices, philosophy, systems, and demographics as well as the
employee experience. The combined scores determined the top
companies and the final ranking. Best Companies Group managed the
overall registration and survey process, analyzed the data, and
determined the final ranking.
IOU Financial recently reported its Q1 2022 financial results,
highlighting an all-time quarterly record in loan originations of
US $59.6 million (representing an
increase of 20.2% over Q4 2021 and an increase of 135.5% over Q1
2021), as well as results of its annual shareholders' meeting and
the repurchase of approximately $0.6
million of convertible debentures.
About IOU Financial Inc.
IOU Financial Inc. is a wholesale lender that provides quick
and easy access to growth capital to small businesses through a
network of preferred brokers across the US and Canada. Built on its proprietary IOU360
technology platform that connects underwriters, merchants and
brokers in real time, IOU Financial has become a trusted
alternative to banks by originating in excess of US$1 billion in loans to fund small business
growth since 2009. IOU trades on the TSX Venture Exchange
under the symbol IOU (TSXV: IOU), and on the US OTC markets as
IOUFF. To learn more about IOU Financial's corporate history,
financial products, or to join our broker network please visit
www.IOUFinancial.com.
Forward Looking
Statements
Certain information set forth in this news release may
contain forward-looking statements that involve substantial known
and unknown risks and uncertainties. These forward-looking
statements are subject to numerous risks and uncertainties, certain
of which are beyond the control of IOU including, but not limited
to, the impact of general economic conditions, industry conditions,
dependence upon regulatory and shareholder approvals, the execution
of definitive documentation and the uncertainty of obtaining
additional financing. Readers are cautioned that the assumptions
used in the preparation of such information, although considered
reasonable at the time of preparation, may prove to be imprecise
and, as such, undue reliance should not be placed on
forward-looking statements. IOU does not assume any obligation to
update or revise its forward-looking statements, whether as a
result of new information, future events, or otherwise.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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SOURCE IOU Financial Inc.