Nizel Pradhan
IOU FINANCIAL INC. (“IOU” or “the Company”) (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today that David Kennedy, who has served as Chief Financial Officer since 2016, has accepted an advisory role with the Company, and that Danny O’Keefe, formerly Chief Accounting Officer, has taken on the role of Chief Financial Officer.
“IOU’s transition to a marketplace strategy in 2021 has created new opportunities and we are excited to have Danny O’Keefe bring his extensive experience in driving transformational finance,” said Gloer. “We thank David Kennedy for his steady leadership over the past 7 years and look forward to our continued collaboration in his new role as Advisor to the executive team.”
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 over US$1 billion in loans to fund small business growth since 2009. IOU was named one of the 50 Best Places to Work in Fintech for 2022 by American Banker and 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.
