Ovanti Limited (ASX:OVT) Executes Major BNPL Partnership with Shift4 Payments Inc
Strategic Partnership with Shift4 Payments
Ovanti Limited has entered into a three-year strategic partnership agreement with Shift4 Payments, Inc. The collaboration will enable Ovanti to launch its Buy Now, Pay Later (BNPL) services across Shift4’s network of over 100,000 US merchants. Shift4 processes over USD$260 billion in transactions annually for more than 200,000 businesses across North America and Canada.
BNPL Service Offering and Market Strategy
Ovanti’s BNPL platform utilises real-time cash flow and income data instead of traditional credit scores, expanding access to financing for US consumers who may not qualify under conventional models. This innovative approach allows Shift4’s merchants to process more BNPL transactions compared to other major incumbents in the market.
Financial Backing and Future Plans
Ovanti’s merchant settlement facility is backed by stablecoin, converted to fiat, providing faster and lower-cost settlements. The Company has access to debt warehouse facilities of up to USD $100 million, with plans to increase this through engagements with major crypto institutions. Further merchant and enterprise partnership agreements are anticipated in the upcoming months.
Executive Comments
Peter Maher, USA BNPL CEO for Ovanti Ltd, stated, “We see the enormous opportunity in working closely in collaboration with Shift4 in the North American market to launch BNPL services to their extensive network of over 100,000 merchants. This major partnership allows Ovanti to scale faster in the USA, reach more merchants and consumers, and build a payments ecosystem that delivers affordability and inclusion at scale.”
Daler Fayziev, Executive Director and Chairman of the Board of Ovanti Ltd, added, “This first major agreement for Ovanti with a large USA payment processor the size and scale of Shift4 is a transformational moment for OVT and a testament to the ability, dedication and vast network of the USA BNPL CEO Peter Maher who commenced his role with Ovanti last month. To have in such a short time already signed the first major partnership agreement with a major payment processor such as Shift4 is an incredible achievement. Shift4 processes over USD$260 billion of transactions annually. This agreement is the first of its kind they have entered for the provision of BNPL services to their extensive USA merchant network. Ovanti’s ability to distribute BNPL services to over 100,000 merchants provides us with a strong platform for expansion into the USA BNPL market as we continue to pursue signing more merchants and enterprise partnership agreements in the USA in the upcoming months. Having executed this agreement with a NYSE listed company such as Shift4 means that Ovanti is able to draw down on debt warehouse facilities of up to USD $100,000,000 as previously announced to the market on 14 March 2025. Due to the significant size of this and other large upcoming merchant agreements, I as Chairman of OVT am personally engaging with major crypto institutions to assist the BNPL protocol in order to increase OVT’s debt facilities beyond the current USD$100,000,000. Further updates to the market in this regard will be provided in due course.”
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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