IOU Financial Revenue and Competitors

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Atlanta, GA USA

Location

$132.3M

Total Funding

Finance

Industry

Estimated Revenue & Valuation

  • IOU Financial's estimated annual revenue is currently $16.6M per year.(i)
  • IOU Financial's estimated revenue per employee is $210,000
  • IOU Financial's total funding is $132.3M.

Employee Data

  • IOU Financial has 79 Employees.(i)
  • IOU Financial grew their employee count by 32% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1.5M12N/AN/AN/A
#2
$11.3M60-8%N/AN/A
#3
$13.4M71-3%N/AN/A
#4
$101.1M385N/AN/AN/A
#5
$18.3M0N/A$2.9MN/A
#6
$9.8M52N/AN/AN/A
#7
$1236.9M420713%N/AN/A
#8
$297.8M10133%N/AN/A
#9
$5.7M340%N/AN/A
#10
$2.6M31-24%N/AN/A

IOU Financial provides small businesses throughout the U.S. and Canada access to the capital they need to seize growth opportunities quickly. Typical customers include medical and dental practices, grocery and retail stores, salons, gas stations, auto repair shops, and restaurants. In a unique approach to lending, the IOU Financial advanced, automated application and approval system accurately assesses applicants' financial realities, with an emphasis on day-to-day cash flow trends. It makes loans of up to US$500,000 to qualified U.S. applicants ($100,000 in Canada) within a few business days, with affordable charges favorable to cash-flow management. Its speed and transparency make IOU Financial a trusted alternative to banks. IOU Financial operations is based in metro Atlanta, Georgia with headquarters in Montreal, Canada and publicly traded (TSX-V: IOU). For more information, visit http://IOUFinancial.com.

keywords:Banking,Finance,Payments

$132.3M

Total Funding

79

Number of Employees

$16.6M

Revenue (est)

32%

Employee Growth %

N/A

Valuation

N/A

Accelerator

IOU Financial News

2022-03-22 - IOU Financial Originated $161.5M in Loans in 2021

IOU Financial IOU Financial is coming off of its biggest year ever. The company has revealed total loan originations of $161.5M for 2021,...

2022-03-22 - IOU FINANCIAL ANNOUNCES RECORD LOAN ORIGINATIONS OF US$161.5 MILLION IN 2021 AND THE REPURCHASE OF APPROXIMATELY $1.2 MILLION OF CONVERTIBLE DEBENTURES

IOU Financial Inc. is a wholesale lender that provides quick and easy access to growth capital to small businesses through a network of...

2021-08-26 - IOU Financial Inc. : Reports Second Quarter 2021 Financial Results and Breaks All-Time Record in Monthly Loan Originations

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 US$34.4 million in Q2 2021, representing an increase of 36.1% over Q1 2021 and representing an ...

2021-05-21 - IOU FINANCIAL INC. IOU Financial Inc. : Reports Financial Results for the Three-Month Period Ended March 31, 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 an increase of 32.2% over Q4 2020. IOU continued to sell primarily all of its loan originations to ...

2021-04-29 - IOU FINANCIAL INC. IOU Financial Inc. : Reports Financial Results for the Year Ended December 31, 2020 and Announces CEO Transition

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 from a low of US$9.2 million in Q2 2020 to US$19.1 million in Q4 2020 and to more than US$25 million i ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$11.6M800%N/A
#2
$23M8531%N/A
#3
$27.5M851%N/A
#4
$26.7M92-6%N/A
#5
$33.3M95-2%N/A