Ovanti appoints former Zip Co executive Peter Maher to lead US BNPL expansion

Ovanti (ASX: OVT) has concluded a global search by naming experienced fintech executive Peter Maher as chief executive officer of the company’s BNPL US division.

In his new role, Mr Maher will be responsible for Ovanti’s payments and embedded finance businesses in the US.

His appointment comes after Ovanti conducted an in-depth global recruitment search lasting many months to try and fill the position.

Digital financial experience

Mr Maher has most recently been the US head of enterprise merchant partnerships of digital financial services company Zip Co (ASX: ZIP), where he was previously the company’s senior director of high growth.

His responsibilities involved leading ZIP’s US commercial expansion, enterprise growth and partnership platform integrations across all of North America.

Subject to completing his notice period with ZIP, Mr Maher will commence his new role at Ovanti on 14 July 2025.

Innovative product offering

Ovanti executive chair Daler Fayziev said the company’s entry into the US BNPL market presents an opportunity to create an innovative product offering.

“The board and I are pleased to inform shareholders that, after many months of conducting an in-depth recruitment search not just in the US but globally, we are finally in a position to welcome Peter Maher to Ovanti.”

“Peter was clearly, in the board’s view, the best candidate we saw in the market based on our specific requirements to expedite market entry and achieve high growth.”

Mr Fayziev said Mr Maher stood out not only for his US BNPL industry experience but also for his ability to launch and scale differentiated payment platforms at the intersection of commerce, compliance and consumer trust.