Ann: OVT Appoints Former ZIP (US) CFO as Chief Executive Officer, page-539

  1. 15,207 Posts.
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    The Beast will be staying up very late, I'd suggest, but I cannot get past this:

    -The Beast was Managing Director of Spotcap, which ZIP bought and rebranded as ZIP Business, then closed it down. It was a seriously good business. Prior to that he was Division Director and Head of Small Business Designs & Solutions at Macquarie Bank.
    -Greg Woszczalski founded Dynamoney, is Executive Chairman and has long experience in B2B lending - all his exposure is through SME lending

    Neither have had any exposure to consumer BNPL (The Beast has most recently been US CFO of ZIP) but have large experience in small business lending.

    -OVT says it is going into the US to 'win market share in various segments of the US market presently under-serviced by the large incumbents'

    Is OVT chasing after ZIP and CSs unbanked recent arrivals to the US, or might they be after a more sophisticated market such as small business?????
 
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