IOU Financial Overview

  • Year Founded
  • 1977

Year Founded

  • Status
  • Private

  • Employees
  • 105

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 14

IOU Financial General Information

Description

IOU Financial Inc is a Canada-based company principally engaged in the commercial lending business. It provides capital to small businesses for growth opportunities. The customers of the company are medical and dental practices, grocery and retail stores, restaurant and hotel franchisees, and e-commerce companies. Its lending activity originates and retains loans as part of its loans receivable portfolio. The company services loans that have been sold to third-party purchasers on a non-recourse basis in exchange for a servicing fee.

Contact Information

Formerly Known As
MCO Capital
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Corporate Office
  • 600 TownPark Lane
  • Suite 100
  • Kennesaw, GA 30144
  • United States
+1 (866)
Primary Industry
Specialized Finance
Other Industries
Other Financial Services
Former Stock Listing
IOU
Corporate Office
  • 600 TownPark Lane
  • Suite 100
  • Kennesaw, GA 30144
  • United States
+1 (866)

IOU Financial Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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IOU Financial Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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IOU Financial Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
IOU Financial Inc is a Canada-based company principally engaged in the commercial lending business. It provides capital
Specialized Finance
Kennesaw, GA
105 As of 2024

Sioux Falls, SD
 

San Diego, CA
 
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IOU Financial Competitors (34)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Expansion Capital Group Private Debt Financed Sioux Falls, SD
National Funding Private Debt Financed San Diego, CA
Lendio Private Equity-Backed Lehi, UT
Direct Capital Corporation Portsmouth, NH
Snap Capital Corporate Backed or Acquired Charleston, SC
You’re viewing 5 of 34 competitors. Get the full list »

IOU Financial Executive Team (9)

Name Title Board Seat
Danny O'Keefe Chief Financial Officer
David Kennedy Chief Financial Officer
Madeline Wade Executive Vice President
Stewart Yeung Executive Vice President of Finance
Jeffrey Turner Executive Vice President of Risk Mitigation
You’re viewing 5 of 9 executive team members. Get the full list »

IOU Financial Board Members (11)

Name Representing Role Since
FinTech Ventures Fund Board Member
Self Board Member
You’re viewing 2 of 11 board members. Get the full list »

IOU Financial Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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IOU Financial Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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IOU Financial FAQs

  • When was IOU Financial founded?

    IOU Financial was founded in 1977.

  • Where is IOU Financial headquartered?

    IOU Financial is headquartered in Kennesaw, GA.

  • What is the size of IOU Financial?

    IOU Financial has 105 total employees.

  • What industry is IOU Financial in?

    IOU Financial’s primary industry is Specialized Finance.

  • Is IOU Financial a private or public company?

    IOU Financial is a Private company.

  • What is the current valuation of IOU Financial?

    The current valuation of IOU Financial is .

  • What is IOU Financial’s current revenue?

    The current revenue for IOU Financial is .

  • How much funding has IOU Financial raised over time?

    IOU Financial has raised $53.5M.

  • Who are IOU Financial’s investors?

    Palos Management, Neuberger Berman, and FinTech Ventures Fund have invested in IOU Financial.

  • Who are IOU Financial’s competitors?

    Expansion Capital Group, National Funding, Lendio, Direct Capital, and Snap Capital are some of the 34 competitors of IOU Financial.

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