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Ovanti Secures $3M to Accelerate US BNPL Push Amid Legal Challenges
10:01am on Wednesday 24th of December, 2025 AEDT
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Financial Technology
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Ovanti Secures $3M to Accelerate US BNPL Push Amid Legal Challenges
10:01am on Wednesday 24th of December, 2025 AEDT
Key Points
Raised $3 million via placement of 1.2 billion shares at $0.0025 each
Funds earmarked for US BNPL operations, litigation, marketing, and working capital
Placement priced at 15% discount to recent volume weighted average price
Joint Lead Managers Clee Capital and Evolution Capital receive fees and options
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