IOUpay Limited ( (AU:OVT) ) has provided an announcement.
Ovanti Limited has announced a strategic restructuring of its board to focus on its expansion into the US BNPL market. As part of this effort, the company is streamlining its board and executive management to ensure dedicated resources for the US market, including appointing a new CEO based in the USA. Gregory Woszczalski, who played a key role in the US market entry plan, has resigned from his position as Non-Executive Director to concentrate on his role at Dynamoney. This move is seen as a strategic step to enhance Ovanti’s positioning in the competitive BNPL sector.
More about IOUpay Limited
Ovanti Limited (ASX:OVT) is a fintech company providing digital commerce software solutions and services. It specializes in enabling institutional customers to authenticate end-user customers and process banking, purchase, and payment transactions. The company’s core technology platform facilitates mobile connectivity and integration for large customer communities, with significant operations in Malaysia and Indonesia. 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 solutions.
YTD Price Performance: -29.41%
Average Trading Volume: 27,389,233
Technical Sentiment Signal: Buy
Current Market Cap: A$10.81M
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