Ovanti Limited Announces US Expansion with BNPL Services

The latest update is out from IOUpay Limited ( (AU:OVT) ).

Ovanti Limited has announced its plan to enter the US market with its buy now, pay later (BNPL) services. This strategic move aims to capitalize on Ovanti’s existing technological expertise and experience in servicing large banking clients in Malaysia and Indonesia. The expansion into the US market is expected to enhance Ovanti’s industry positioning and offer new opportunities for growth, potentially impacting stakeholders positively by broadening the company’s market reach.

More about IOUpay Limited

Ovanti Limited (ASX:OVT) is a fintech company providing digital commerce software solutions and services. It enables institutional customers to securely authenticate end-user customers and process banking, purchase, and payment transactions. The company operates primarily in Malaysia and Indonesia, serving leading banks, telcos, and corporates. Ovanti is expanding its operations to include buy now, pay later (BNPL) services in the United States, leveraging its expertise in fintech and digital commerce.

YTD Price Performance: -40.0%

Average Trading Volume: 26,068,707

Technical Sentiment Signal: Buy

Current Market Cap: A$13.51M

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