An update from IOUpay Limited ( (AU:OVT) ) is now available.
Ovanti Limited is addressing inquiries from the ASX regarding its association with BNPLPay and Clee Capital. The company clarifies that BNPLPay was introduced through Clee Capital and confirms that Lachlan Dykes was not involved as CFO of Clee Capital prior to the agreement. Ovanti also addresses concerns about potential conflicts of interest with Clee Capital and Finran, emphasizing that inaccurate information on Finran’s website has been removed and that there is no undue influence from the parties involved. Additionally, Ovanti explains that BNPL Pay Holdings Foundation is decentralized, with governance decisions made by token holders, ensuring no single entity controls the platform. The company also states it has no exposure to cryptocurrency, as transactions will be conducted in fiat currency.
More about IOUpay Limited
YTD Price Performance: -40.0%
Average Trading Volume: 27,761,636
Technical Sentiment Signal: Buy
Current Market Cap: A$13.51M
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