Maher Appointed CEO – Real BNPL Experience Now at the Helm

Maher Appointed CEO – Real BNPL Experience Now at the Helm
(Announced 25/06/2025)

This could be the turning point.

On June 25, Ovanti (ASX: OVT) announced the appointment of Peter Maher as CEO of its U.S. BNPL, payments, and embedded finance business — officially starting July 14.

And this one actually matters.

Maher isn’t just a new face. He’s a proven fintech operator who helped lead ZIP Co’s expansion into the U.S. and Canada as VP and Head of Sales. He knows the BNPL space from the inside out — and brings the kind of experience Ovanti hasn’t had until now.

Even ZIP founder Larry Diamond backed him publicly:

“Peter Maher killing it at @shoptalk in Vegas… showcasing @zip_usa and the power of buy now pay later. Next gig, sports presenter!”

This is someone who’s represented a billion-dollar company on the global stage — and now he’s bringing that energy and execution to Ovanti.

The board didn’t mince words either, calling him “clearly the best candidate” to drive growth and fast-track the U.S. launch.

The market liked what it saw — the stock jumped +180% on the day of the announcement.

Let’s not forget: this company was once on life support.

• It went into voluntary administration as ioupay

• It was pulled back (rare)

• It restructured, rebranded, and is now gearing up for a bold U.S. relaunch

And now? For the first time in a long time:

✅ There’s credible leadership at the top
✅ There’s real BNPL expertise behind the scenes
✅ And there’s a clear strategic direction taking shape

The BNPL platform hasn’t launched yet, and the IDSB deal is still in motion — but that’s exactly why this matters now.

Because this isn’t the end of a story. It’s the beginning of one.
And with Peter Maher at the helm, it finally feels like the right person is driving it.

Watch this space.