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IOUpay Limited ( (AU:OVT) ) has shared an update.
Ovanti Limited has secured board approval for its USA market entry plan in the BNPL industry, aiming to achieve significant transaction volumes. The plan outlines an ambitious path to reach USD $500 million in Total Transaction Volumes (TTV) and emphasizes differentiated products for underserved American consumers. With a focus on the Southern States, Ovanti seeks to build a local merchant network and expedite its market launch, promising substantial competitive advantages and returns on investment.
More about IOUpay Limited
Ovanti Limited (OVT) operates in the Buy Now, Pay Later (BNPL) sector, focusing on providing financial solutions that offer safe and accessible credit to underserved consumers. The company plans to expand its services in the USA, targeting the Southern States to capitalize on high BNPL usage.
YTD Price Performance: -25.00%
Average Trading Volume: 26,892,072
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$34.97M
For a thorough assessment of OVT stock, go to TipRanks’ Stock Analysis page.
