IOU Financial Inc. announced that it intends to appoint Neil Wolfson to its Board of Directors upon closing of the Offering. Mr. Wolfson will also be appointed as a member of the Company's Audit Committee. Mr. Wolfson brings significant industry-specific corporate governance experience to IOU, as he was the longest serving board director for On Deck Capital Inc. In addition to his corporate governance experience, Mr. Wolfson brings over twenty-five years of corporate leadership and investment management experience to IOU as a former President and Chief Investment Officer at both SF Capital Group.