Ovanti Ltd
Ovanti Limited provides financial technology and digital commerce software solutions and services.
The business
Ovanti Limited provides financial technology and digital commerce software solutions and services. The Company enables its institutional customers to authenticate customers and process banking, purchase and payment transactions. The Company’s platform enables customer communities to connect to end user customers using any mobile device and integrates mobile technology throughout its existing business and customer product offerings. Its business divisions consist of Mobile Banking and Digital Payments, which serve banks in Malaysia, and telecommunications and corporates in Malaysia and Indonesia. It also works with telecommunications network providers to provide mobile over-the-top (OTT) services that leverage their subscriber base to build active communities. Its fintech solutions serve institutional clients, ensuring secure customer authentication and facilitating banking, purchases, and payments. It is also operating buy now, pay later services (BNPL) in the United States.
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Latest news
Ovanti appoints former Zip Co executive Peter Maher to lead US BNPL expansion
Ovanti (ASX: OVT) has concluded a global search by naming experienced fintech executive Peter Maher as chief executive officer of the company’s BNPL US division. In his new role, Mr Maher will be responsible for Ovanti’s payments and embedded finance businesses in the US. His appointment comes after Ovanti conducted an in-depth global recruitment search […]
Ovanti signs 20-year licensing deal with BNPLPay Protocol for low-cost funding
Digital commerce software provider Ovanti (ASX: OVT) has signed a licensing agreement with BNPLPay Protocol to support future debt funding. BNPLPay Protocol is a blockchain-based lending platform tailored for the Buy Now, Pay Later (BNPL) sector, with its decentralised finance network connecting stablecoin investors with BNPL providers. Under the licensing agreement, Ovanti will have access […]
The decline of junk mail weighs on ASX listed printers
In a victory for the ‘no junk mail’ eco warriors and a blow for an army of 14,000 letterbox walkers, grocer Coles (ASX: COL) last week ceded to the digital age and stopped producing physical sales catalogues for 7 million Australian households. Whether other mass market retailers follow suit is of keen interest to IVE Group […]
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