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Ovanti Ltd (ASX:OVT) has furthered its working relationship network for its BNPL app Flote, to be launched in early 2026, on Monday inking a deal with California-based payments platform provider Gr4vy Payments.
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Described by Ovanti in today’s release as “the leading cloud-native payment orchestration platform,” the partnership will “aim to make flexible, affordability-first payments easier for merchants” in the modern context.
Presumably, all cards in order, Gr4vy will adopt Ovanti’s Flote BNPL option at launch and in that way expand its reach to merchants, as well as consumers, in the U.S.
In return, Gr4vy expands its BNPL offering, especially to those Americans who may be better served by a “credit agnostic” player who are otherwise effectively locked out of the American financing system.
“Flote is bringing a refreshing, responsibility-led approach to flexible payments, and we’re excited to support their U.S. expansion,” Gr4vy Founder and CEO John Lunn said.
“Open banking exists at the core of Flote’s model, unlocking responsible payment access for more than 150 million U.S. adults seeking flexible and transparent ways to manage their finances,” Ovanti wrote on Monday.
“By aligning with Gr4vy, an established infrastructure partner trusted by global merchants, Flote strengthens its readiness for scale ahead of its planned U.S. commercial launch in Q1 2026.”
OVT last traded at 0.3cps.
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