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IOUpay Limited ( (AU:OVT) ) has provided an update.
Ovanti Limited has appointed Peter Maher as the CEO of its USA BNPL division, aiming to expedite market entry and revenue generation in the US. Maher’s experience at Zip Co Limited, where he led USA commercial expansion and enterprise growth, aligns with Ovanti’s goals to innovate in the BNPL sector. His leadership is expected to drive the launch of adaptive, non-credit based payment plans, emphasizing real-time affordability insights over traditional credit scores. This strategic move positions Ovanti to offer differentiated payment solutions, enhancing consumer financial control and merchant revenue.
More about IOUpay Limited
Ovanti Limited (ASX:OVT) is a fintech company providing digital commerce software solutions and services. It specializes in secure authentication, banking, purchase, and payment transactions for institutional customers. The company’s core technology platform facilitates mobile integration for banks, telcos, and corporates, primarily in Malaysia and Indonesia. Ovanti is expanding its operations to include buy now, pay later (BNPL) services in the USA, leveraging its expertise in fintech and digital commerce.
Technical Sentiment Signal: Sell
Current Market Cap: A$6.01M
For an in-depth examination of OVT stock, go to TipRanks’ Overview page.