IOU Financial CEO Philippe Marleau Joins Innovation in Business - Small Business Panel at LendIt USA 2017

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IOU Financial CEO Philippe Marleau Joins Innovation in Business - Small Business Panel at LendIt USA 2017

Canada NewsWire

MONTREAL, March 2, 2017 /CNW/ - 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 LendIt USA 2017 conference at the Jacob Javits Center in New York City, March 6-7, 2017. In its fifth year, LendIt is the largest conference series dedicated to connecting the global lending and fintech community.

"I look forward to contributing to, and learning from other industry leaders and in particular, sharing some of IOU's insights with LendIt USA participants," said Marleau.

LendIt hosts three conferences annually – with LendIt USA in New York City, LendIt Europe in London, and LendIt China in Shanghai. With 5,000 attendees, LendIt USA 2017 is projected to be the largest annual gathering of the lending and fintech industry and NYC's largest fintech conference. Its community is comprised of thousands of lending and fintech companies, investors, banks, services providers, educators, government officials, and journalists from around the world.

For more information on the LendIt USA Conference, visit http://www.lendit.com/usa/2017.

For more information on IOU Financial, visit www.ioufinancial.com.

About IOU Financial

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, restaurant and hotel franchisees and e-commerce companies. 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$150,000 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. To learn more visit: 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.

The TSX-V has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE IOU Financial Inc.

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/March2017/02/c8559.html

Copyright CNW Group 2017

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