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An announcement from IOUpay Limited ( (AU:OVT) ) is now available.
Ovanti Limited has announced significant strategic and management changes to support its entry into the US BNPL market, including the appointment of an interim CEO and a focus on merchant acquisitions. Additionally, Ovanti has secured a licensing agreement with BNPLPay Protocol, providing access to decentralized debt funding and a 50% revenue share, which is expected to reduce capital costs and create a long-term income stream.
More about IOUpay Limited
Ovanti Limited operates in the financial technology sector, focusing on the Buy Now, Pay Later (BNPL) market. The company is actively working on expanding its presence in the USA, leveraging strategic partnerships and management changes to enhance its market position.
YTD Price Performance: -40.0%
Average Trading Volume: 28,649,822
Technical Sentiment Signal: Buy
Current Market Cap: A$10.81M
See more insights into OVT stock on TipRanks’ Stock Analysis page.
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