** Financial services provider Ovanti's OVT.AX shares rise 14.3% to A$0.008, following its licence agreement with blockchain-based lending platform BNPLPay Protocol
** Stock rose as much as 28.6% earlier in the day, marking its biggest intraday gain since November 8
** Co says deal enables it to access BNPLPay's lending platform for its ongoing debt funding needs on preferential basis for 20 years
** In exchange, co will receive half of the BNPLPlay's protocol's revenues - OVT
** Over 57.4 mln shares change hands, 2.x the 30-day average
** Stock down ~56% this year including current session
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))
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