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The latest update is out from IOUpay Limited ( (AU:OVT) ).
Ovanti Limited held a General Meeting where all resolutions were passed by a poll, including the ratification of prior share issues to professional investors and the approval of options for joint lead managers and an employee incentive plan. These resolutions support Ovanti’s strategic initiatives in expanding its operations and enhancing its technological offerings, particularly as it ventures into the USA market. The positive outcomes of the meeting are expected to strengthen Ovanti’s operational capabilities and market positioning in the fintech industry.
More about IOUpay Limited
Ovanti Limited (ASX:OVT) is a fintech company providing digital commerce software solutions and services. It enables secure authentication for end-user customers and processes banking, purchase, and payment transactions. Ovanti’s core technology platform connects large customer communities with end users across mobile devices, integrating mobile technology into existing business and product offerings. The company has business divisions in Mobile Banking and Digital Payments, serving banks and large corporates in Malaysia and Indonesia. Ovanti is also expanding its buy now, pay later services into the USA.
YTD Price Performance: -40.0%
Average Trading Volume: 28,654,885
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$27.98M
For an in-depth examination of OVT stock, go to TipRanks’ Stock Analysis page.
