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IOUpay Limited ( (AU:OVT) ) just unveiled an update.
Ovanti Limited has appointed Peter Maher as the new CEO for its USA BNPL division, following a comprehensive search. Maher’s appointment, initially challenged by Zip Co Ltd due to non-compete clauses, is now confirmed as the legal proceedings have been withdrawn. His expertise in strategic alliances and revenue growth aligns with Ovanti’s ambitions for rapid market entry and expansion in the USA. Additionally, Ovanti is exploring a potential NASDAQ listing to capitalize on favorable market conditions, inspired by Sezzle Inc’s successful transition and significant shareholder returns.
More about IOUpay Limited
Ovanti Limited operates in the financial technology sector, primarily focusing on Buy Now, Pay Later (BNPL) services. The company is expanding its footprint in the USA market, aiming to enhance its revenue and market presence through strategic partnerships and innovative financial solutions.
Technical Sentiment Signal: Sell
Current Market Cap: A$25.65M
For detailed information about OVT stock, go to TipRanks’ Stock Analysis page.