Ovanti (ASX:OVT) is targeting profitability by March 2027 and reaching the milestone of processing $1 billion in total transaction volume by 2028 in its US buy-now, pay-later entry plan, according to a Friday Australian bourse filing.

Its plan will require a total AU$48 million investment over the next three years to reach cash flow break-even, including AU$18 million in funds to get to product launch in October.

It is also planning to introduce a new consumer lending product that combines features of its buy-now, pay-later product, and credit cards.

Ovanti will seek to scale its operations through direct-to-consumer channels, initially focusing on southern states and establishing a multi-functional executive team based in the US, as well as collections management and customer service teams.

It will also create a loan book debt funding vehicle by December 2025 to fund expected growth.