NEW YORK, Feb. 07, 2018 (GLOBE NEWSWIRE) — via NetworkWire – IEG Holdings Corp. (OTCQB:IEGH), a publicly traded, global leader in consumer finance providing small-sized online personal loans in the United States via a state-licensed operating subsidiary, Investment Evolution Corporation, under the consumer brand “Mr. Amazing Loans,” announces that it has engaged the corporate communications expertise of NetworkNewsWire (“NNW”).
In addition to its activities in the personal loan market, IEG Holdings and its wholly owned Investment Evolution Crypto subsidiary are exploring business opportunities in the cryptocurrency/blockchain industry.
“We believe combining blockchain technology, a hard asset like gold metal, a leading online consumer finance system and individual U.S. state lending licenses is a very exciting proposition,” said Paul Mathieson, IEG Holdings chairman and CEO. “As we embark on this initiative and continue working on our core mission, we are pleased to partner with NNW to communicate our progress to our shareholders.”
NNW is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. NNW’s strategies help public and private organizations find their voice and build market visibility. As part of the Client-Partner relationship with IEG Holdings, NNW will leverage its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs, and other outreach tools to generate greater brand awareness for the Company.
“IEG Holdings provides a unique investment opportunity in the fintech sector,” states Sherri Franklin, director of Content Marketing for NNW. “We look forward to assisting the company with a corporate communications campaign that effectively keeps the investment community up to date on its operations and technology.”
About IEG Holdings Corporation
IEG Holdings Corporation provides online $5,000 and $10,000 unsecured consumer loans under the brand name, “Mr. Amazing Loans,” via its website, www.mramazingloans.com. In addition, IEG Holdings announced on December 22, 2017, that it has formed Investment Evolution Crypto, LLC, a wholly owned subsidiary of IEG Holdings (“Crypto”). Crypto will explore the legalities and economic risks and benefits of entering into a joint venture with Investment Evolution Corporation, a wholly owned subsidiary of IEG Holdings (“IEC”), to accept repayment of customer loans in the form of crypto/blockchain currencies such as Bitcoin, provide the crypto equivalent of $5,000 and $10,000 loans to customers, and also potentially create and issue an IEC cryptocurrency. Crypto has not begun operations and is in the development planning stages to explore these business opportunities in this time of changing technology. For more information about IEG Holdings, visit www.investmentevolution.com