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Ovanti Limited Expands into US Market with New BNPL Division

Story Highlights
  • Ovanti Limited issued shares without disclosure under the Corporations Act.
  • The company is recruiting a CEO for its US BNPL division to enhance its fintech industry position.
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Ovanti Limited Expands into US Market with New BNPL Division

Confident Investing Starts Here:

An announcement from IOUpay Limited ( (AU:OVT) ) is now available.

Ovanti Limited has issued ordinary fully paid shares without disclosure to investors under the Corporations Act. The company is actively recruiting a CEO for its BNPL division in the USA as part of its expansion strategy. This move is expected to strengthen its position in the fintech industry by leveraging its expertise in digital commerce solutions and its experience with large banking clients.

More about IOUpay Limited

Ovanti Limited (ASX: OVT) is a fintech company that provides digital commerce software solutions and services. It specializes in secure authentication and transaction processing for institutional customers, with a core technology platform that connects large customer communities to end users via mobile devices. The company operates in the Mobile Banking and Digital Payments sectors, serving banks and large corporations in Malaysia and Indonesia, and is expanding its Buy Now, Pay Later (BNPL) services into the United States.

Technical Sentiment Signal: Sell

Current Market Cap: A$5.59M

See more data about OVT stock on TipRanks’ Stock Analysis page.

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