IOU Financial Inc., which recently listed on the CNSX under symbol "IOU", operates a fully automated, Internet-based lending platform in the U.S. (www.ioucentral.com), providing micro loans to small businesses. HDL raised over $5M of expansion capital for IOU to grow acted as Lead Agent on the transaction, and the most recent $2.63 million tranche closes off a total of over $5 million of financing for IOU.
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