Affordability Unlocked
Reach 150 million debit-first Americans legacy BNPL and lenders can’t.
Affordability Unlocked
Reach 150 million debit-first Americans legacy BNPL and lenders can’t.
The Challenge
Legacy BNPL Leaves Real Customers Behind
- 30-50% of all U.S. purchases are still cash or debit
- ~80M U.S. consumers lack reliable access to credit
- 150M+ U.S. adults are largely excluded from BNPL due to credit decisioning models
The result: missed conversions and wasted ad spend.
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Outdated FICO Models Limit Access and Profitability
This leaves merchants to deal with:
- Declined BNPL applications at checkout
- Rising fraud due to publicly available information
- Slower growth from recycled customers
The Solution
The Only BNPL for the Debit and Cash Majority
Our cash-flow decisioning model approves more customers while guaranteeing merchants are paid in full.
Why Merchants Choose Flote
- Increased approvals and AOV
- Simple integration via PSP, API, or plug-in
- Guaranteed payment and D+1 settlement
- Real-time analytics and dashboards
Why Customers Choose Flote
- FICO-free approval
- No interest, no fees, no credit impact
- Works anywhere cards are accepted
- Payday-aligned repayments
How It Works
Decisioning
Decisioning
Decisioning
Open Banking verifies income and identity in real time, reducing fraud risk.
Approvals
Decisioning
Decisioning
Customer spending limit and payment terms are generated based on money in/money out over time.
Payment
Decisioning
Reporting
Flote issues virtual cards or direct settlement for the customer, paying merchants in full the next day.
Reporting
Decisioning
Reporting
Track performance, AOV lift, and conversion metrics instantly in the dashboard.
About Flote
The Company
Flote is developed and powered by Ovanti US Inc, a wholly owned subsidiary of Ovanti Ltd (ASX:OVT): an Australia-based, ASX-listed fintech company focused on expanding global operations and financial inclusion.
Founded in June 2025 and headquartered in Denver, Colorado, Ovanti US leads the group’s go-to-market strategy and commercialization across North America.
The Team
Led by CEO Peter Maher, the Flote team brings decades of experience across fintech, banking, and payments innovation.
Collectively, they’ve built and scaled products for leading institutions and brands spanning global banks, BNPL pioneers, and Fortune 500 retailers.
Their background includes executive roles in credit, risk, and technology, grounding Flote in real operational expertise and proven execution.
Contact Us
Join us in unlocking affordability for the majority of Americans.
