The move comes as the company looks to launch its...

The move comes as the company looks to launch its buy-now-pay-later (BNPL) offering in the US and eyes a listing on a US exchange, ideally the tech-focused Nasdaq.

Back in October, Ovanti (ASX:OVT) appointed former Zip Co US CFO Simon Keast as its new CEO with a mandate to launch its BNPL offering in the US.

The company is following in the footsteps of dual listed BNPL player Afterpay, and former ASX-listed BNPL credit provider Sezzle which ceased trading and delisted from the ASX after moving to the Nasdaq.

Notably, Sezzle’s shares (NASDAQ:SEZL) are up 590% over the past six months, which could bode well for the company to follow a similar path.

“We note the path that Sezzle, having previously been ASX listed, has taken to realise maximum value for shareholders by moving their listing to the Nasdaq,” Keast said back in November.

As part of its plans, the company has also appointed EAS Advisors as its US capital market advisory firm to accelerate growth plans in the US BNPL market, including exploring a suitable US exchange for a listing of OVT’s securities.

“As part of EAS’ engagement, the scope of which is wide ranging, they will consider the appropriateness of Ovanti at the appropriate time either seeking to dual-list or follow the trajectory of Sezzle,” Keast said at the time.