IEG Holdings Corp. IEGH Archives - Page 2 of 3

TuesdayFeb 27, 2018 3:39 pm

IEG Holdings Corp. (IEGH) Projected to Reach $5.3M in Revenue in FY2019 by Equity Research Firm

Company, exploring economics of cryptocurrency loans and an initial coin offering (ICO), has formed a 100 percent-owned subsidiary, Investment Evolution Crypto, LLC ACF Equity Research sees IEGH revenue reaching $8.2 million in FY2020 with positive EBITDA IEG Holdings Corp. (OTCQB: IEGH) is a Las Vegas-based fintech provider of $5,000 and $10,000 unsecured, five-year consumer loans under the brand name ‘Mr. Amazing Loans’ on its website (www.MrAmazingLoans.com). It is licensed and/or holds certificates of authority to originate direct consumer loans in 20 states. The company provides loans through its online application portal to residents of those states. All loans are originated,…

TuesdayFeb 27, 2018 12:55 pm

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Announced as Latest Addition to SeeThruEquity’s Blockchain Research and Advisory Platform

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) was this morning named the newest member of SeeThruEquity’s blockchain research and advisory platform. This update comes on the heels of IEGH’s January news release unveiling its plans to launch a new, gold metal-backed, SEC-registered cryptocurrency in tandem with its Investment Evolution Crypto, LLC subsidiary. “We are very excited to have joined SeeThruEquity's blockchain platform which we believe will provide the market with much needed information and awareness of this new space,” Paul Mathieson, CEO of IEG Holdings, stated in the news release. “We look forward to working with SeeThruEquity as we…

MondayFeb 26, 2018 11:55 am

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Signs Intellectsoft for Cryptocurrency Blockchain Development Services; Discloses Potential Philippines Cryptocurrency Remittance Strategy

IEG Holdings Corp. (OTCQB: IEGH) this morning announced that Investment Evolution Crypto LLC, its wholly owned subsidiary, has outsourced Intellectsoft LLC to offer blockchain development services including functional and business requirement analysis; technical and market research; and a development plan for the development of IEG Holdings' cryptocurrency. IEGH also revealed that its subsidiary is planning to penetrate the Filipino USD 28 billion Overseas Foreign Workers (“OFWs”) remittance market, by developing and launching a cryptocurrency targeting both the Australian and US based Philippines OFWs. Per the update, its subsidiary is in the initial stages of these plans, and it will investigate…

TuesdayFeb 20, 2018 4:33 pm

IEG Holdings Corp. (IEGH) Aims to Back Cryptocurrency Technologies with Gold

IEG Holdings Corp. provides small personal online loans of up to $10,000 IEGH subsidiary Mr. Amazing Loans offers rates up to 13-times lower than typical APR IEG Holdings Corp. intends to create metal-backed cryptocurrency Based in Las Vegas, IEG Holdings Corp. (OTCQB: IEGH) provides small online personal loans in over 20 states within the U.S. This publicly traded company is a global leader in consumer financing, providing these loans through a state-licenced operating subsidiary known as Investment Evolution Corporation under the consumer brand Mr. Amazing Loans. As a leading fintech brand, Mr. Amazing Loans specializes in dedicated loan amounts of…

FridayFeb 16, 2018 12:17 pm

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Aims to Create Exclusive Gold Metal-backed Cryptocurrency

Consumer loan provider IEG Holdings (OTCQB: IEGH) intends to create its own gold metal-backed cryptocurrency for consumer loans and consumer loan repayments. A recent article discussing the company’s anticipated endeavor reads: “On January 10, 2018, consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) announced that its wholly owned subsidiary, Investment Evolution Crypto, LLC, is negotiating to purchase a gold project with prospecting licenses and known gold resources. The corporation plans to use a gold resource for the creation of its own gold metal-backed cryptocurrency, with a view to offering loans and accepting loan repayments through blockchain technology. Investment Evolution Crypto…

WednesdayJan 31, 2018 3:31 pm

IEG Holdings Corp. (IEGH) Aims to be Key Player in the Cryptocurrency/Blockchain Sector

IEG Holdings plans to create its own gold metal-backed cryptocurrency for consumer loans and consumer loan repayments The company’s loans offer interest rates that are significantly lower than payday lenders Adoption of blockchain technology offers substantial growth potential On January 10, 2018, consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) announced that its wholly owned subsidiary, Investment Evolution Crypto, LLC, is negotiating to purchase a gold project with prospecting licenses and known gold resources. The corporation plans to use a gold resource for the creation of its own gold metal-backed cryptocurrency, with a view to offering loans and accepting loan…

MondayJan 29, 2018 12:46 pm

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Intends to Create Cryptocurrency Backed by Gold Metal

Consumer loan provider IEG Holdings (OTCQB: IEGH) is exploring the possibility of creating a cryptocurrency to be backed by gold metal and registered with the SEC as a security. A recent article discussing the company reads: “Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC. (“Crypto”), recently announced its intention to create its own gold metal-backed cryptocurrency that could potentially be utilized when offering loans and accepting loan repayments. While Crypto is in the development planning stages and exploring the opportunities presented by crypto/blockchain technologies, the company is already negotiating to purchase a…

ThursdayJan 25, 2018 2:09 pm

IEG Holdings Corp. (IEGH) Exploring Creation of Gold Metal-backed Cryptocurrency

Negotiations underway to purchase a verified gold project with prospecting licenses IEGH’s cryptocurrency to be backed by gold metal, registered with SEC as a security Volatility of cryptocurrency could potentially be stabilized with precious metal backing Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC. (“Crypto”), recently announced its intention to create its own gold metal-backed cryptocurrency that could potentially be utilized when offering loans and accepting loan repayments. While Crypto is in the development planning stages and exploring the opportunities presented by crypto/blockchain technologies, the company is already negotiating to purchase a…

TuesdayJan 23, 2018 12:53 pm

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Pushes for Negotiations Related to LendingClub Offer

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) this morning issued a news release urging LendingClub Corporation (NYSE: LC) to enter negotiations related to the former’s tender offer to acquire approximately 4.99 percent of LendingClub’s outstanding shares. The offer, which is scheduled to expire on Thursday, February 22, 2018, comes as IEGH has identified what it believes to be “major risks and problems” with LendingClub’s business model and management strategy. IEGH believes that by altering this model to a balance sheet lender model, LendingClub would be able to generate significantly higher margins, provide substantially higher long duration cash flow, build…

MondayJan 22, 2018 2:20 pm

IEG Holdings Corp. (IEGH) is Lending to the Under-Banked in 20 US States

Offering consumer loans in 20 states Robust underwriting standards Successful track record in the industry Despite living in the country with the world’s most sophisticated financial system, 16 million American adults are ‘unbanked’, according to the latest ‘Report on the Economic Well-Being of U.S. Households’ issued by the Board of Governors of the Federal Reserve System (http://ibn.fm/XmUwO). Unbanked consumers are those without “a checking, savings, or money market account.” In addition, another 43 million or so are ‘under-banked’, defined as having a deposit account but also using at least one alternative financial service in the prior year. Yet prick the…

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