Australia's Ovanti doubles after partnering with Shift4 for US expansion

Ovanti

20/08/2025 03:22

** Shares of Ovanti OVT.AX rise as much as 100% to A$0.016, their highest level since February 17

** The fintech co partners with Shift4 Payments FOUR.N, a U.S.-based payment processing company

** Under partnership, Ovanti will launch its buy now, pay later (BNPL) business to Shift4's network of merchants in U.S. markets

** OVT last up 50%, brining YTD losses down to 29.4%, FOUR down 13% YTD

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))