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Ovanti Limited Expands with New Share Issuance

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Ovanti Limited Expands with New Share Issuance

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IOUpay Limited ( (AU:OVT) ) has shared an announcement.

Ovanti Limited has issued ordinary fully paid shares without disclosure to investors, as per the Corporations Act. This move complies with relevant provisions and does not contain any undisclosed information that would typically be expected in a disclosure document. The issuance of shares is part of Ovanti’s strategy to enhance its market operations, particularly as it expands its fintech and digital commerce solutions into new regions like the USA, leveraging its established expertise in servicing large banking clients.

More about IOUpay Limited

Ovanti Limited (ASX:OVT) is a fintech company specializing in digital commerce software solutions and services. It focuses on enabling secure authentication and processing of banking, purchase, and payment transactions for institutional customers. The company operates in the Mobile Banking and Digital Payments sectors, serving leading banks and large corporations in Malaysia and Indonesia, and is expanding its ‘buy now, pay later’ services into the USA.

Average Trading Volume: 118,270,831

Technical Sentiment Signal: Sell

Current Market Cap: A$28.48M

For detailed information about OVT stock, go to TipRanks’ Stock Analysis page.

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