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The latest update is out from IOUpay Limited ( (AU:OVT) ).
Ovanti Limited has announced a strategic partnership with Shift4 Payments, a major U.S. payment processing company, to launch its BNPL services to over 100,000 merchants in North America. This collaboration is expected to enhance Ovanti’s market positioning by offering a unique BNPL model that uses real-time cash flow and income data, rather than traditional credit scores, to expand access to financing for U.S. consumers. The partnership signifies a significant step for Ovanti in scaling its operations in the USA, potentially transforming the BNPL landscape by addressing the needs of underserved consumers.
More about IOUpay Limited
Ovanti Limited operates in the financial technology industry, focusing on Buy Now, Pay Later (BNPL) services. The company aims to expand its market presence in the USA by leveraging innovative funding sources and artificial intelligence-driven credit assessment models to provide inclusive financial solutions.
Technical Sentiment Signal: Sell
Current Market Cap: A$29.92M
Learn more about OVT stock on TipRanks’ Stock Analysis page.