Insights

BNPL 2.0 Product Openpay's BNPL 2.0 product enables transactions of up to $20,000 with payback terms of up to 24 months, catering to underserved BNPL verticals like Automotive, Healthcare, and Home Improvement. This innovative solution presents an opportunity for businesses in these sectors to offer flexible payment options, potentially increasing sales and customer loyalty.

Omnichannel Financing With an omnichannel financing solution, Openpay provides seamless payment experiences for consumers both online and offline. Businesses looking to enhance their customer journey across multiple touchpoints can leverage Openpay's technology to streamline transactions, reduce friction, and drive higher conversions, leading to increased sales and revenue growth.

Transparent Terms & Quick Decisions Openpay's focus on transparent terms and quick credit decisions empowers consumers to make informed purchasing decisions. Sales teams can highlight these benefits to potential customers, showcasing the ease and speed of transactions with Openpay, which can drive impulse buys and boost overall sales volumes.

B2B Payments Offering Openpay's B2B payments offering simplifies trade account management for businesses, enabling smoother transactions between suppliers and buyers. This functionality opens doors for sales opportunities among businesses seeking efficient payment solutions, fostering strong B2B relationships and potentially increasing sales volumes.

Competitive Positioning Against Other BNPL Firms In comparison to similar companies in the BNPL space, such as Sezzle and Splitit, Openpay stands out with its tailored BNPL 2.0 product, versatile payment options, and focus on specific verticals. Highlighting these differences in sales pitches can position Openpay as a unique and preferred payment partner, potentially attracting businesses looking for specialized payment solutions.

Openpay Tech Stack

Openpay uses 8 technology products and services including Open Graph, Google Font API, Backbone.js, and more. Explore Openpay's tech stack below.

  • Open Graph
    Content Management System
  • Google Font API
    Font Scripts
  • Backbone.js
    Javascript Frameworks
  • OWL Carousel
    Javascript Libraries
  • Yoast SEO
    Search Engines
  • Bootstrap
    UI Frameworks
  • YouTube
    Video Players
  • Nginx
    Web Servers

Media & News

Openpay's Email Address Formats

Openpay uses at least 1 format(s):
Openpay Email FormatsExamplePercentage
FirstL@openpay.com.auJohnD@openpay.com.au
93%
FirstLast@openpay.com.auJohnDoe@openpay.com.au
5%
First@openpay.com.auJohn@openpay.com.au
1%
FirstLa@openpay.com.auJohnDo@openpay.com.au
1%

Frequently Asked Questions

Where is Openpay's headquarters located?

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Openpay's main headquarters is located at 469 La Trobe St Melbourne, Victoria 3003 AU. The company has employees across 5 continents, including OceaniaEuropeNorth America.

What is Openpay's stock symbol?

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Openpay is a publicly traded company; the company's stock symbol is OPY.AX.

What is Openpay's official website and social media links?

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Openpay's official website is openpay.com.au and has social profiles on LinkedIn.

How much revenue does Openpay generate?

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As of November 2024, Openpay's annual revenue reached $35M.

What is Openpay's NAICS code?

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Openpay's NAICS code is 52 - Finance and Insurance.

How many employees does Openpay have currently?

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As of November 2024, Openpay has approximately 51 employees across 5 continents, including OceaniaEuropeNorth America. Key team members include Chief Risk Officer And Chief Operating Officer: T. A.Vice President Healthcare: B. W.Head Of Automotive: G. K.. Explore Openpay's employee directory with LeadIQ.

What industry does Openpay belong to?

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Openpay operates in the Financial Services industry.

What technology does Openpay use?

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Openpay's tech stack includes Open GraphGoogle Font APIBackbone.jsOWL CarouselYoast SEOBootstrapYouTubeNginx.

What is Openpay's email format?

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Openpay's email format typically follows the pattern of . Find more Openpay email formats with LeadIQ.

How much funding has Openpay raised to date?

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As of November 2024, Openpay has raised $18M in funding. The last funding round occurred on May 23, 2022 for $18M.

When was Openpay founded?

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Openpay was founded in 2014.
Openpay

Openpay

Financial ServicesVictoria, Australia51-200 Employees

Openpay Group Ltd (ASX: OPY) is a leading payments fintech, delivering smart and friendly solutions to pay and get paid.  Openpay delivers an omnichannel financing solution that extends beyond traditional Buy Now, Pay Later in the form of their next generation “BNPL 2.0” product. BNPL 2.0 provides the gateway to complete transactions, up to $20,000 with payback terms of up to 24 months, across underserved BNPL verticals, including Automotive, Healthcare, Home Improvement, Memberships, Education, and Retail. Openpay has fine-tuned its innovative products for both consumers and merchants, providing transparent terms with quick credit decisions and customizable payment plans for consumers, along with a B2B payments offering that facilitates end-to-end trade account management. 
For more information, please visit www.openpay.com.au

Section iconCompany Overview

Headquarters
469 La Trobe St Melbourne, Victoria 3003 AU
Stock Symbol
OPY.AX
NAICS Code
52 - Finance and Insurance
Founded
2014
Employees
51-200

Section iconMedia & News

Section iconFunding & Financials

  • $18M

    Openpay has raised a total of $18M of funding over 3 rounds. Their latest funding round was raised on May 23, 2022 in the amount of $18M.

  • $10M$50M

    Openpay's revenue is in the range of $10M$50M

Section iconFunding & Financials

  • $18M

    Openpay has raised a total of $18M of funding over 3 rounds. Their latest funding round was raised on May 23, 2022 in the amount of $18M.

  • $10M$50M

    Openpay's revenue is in the range of $10M$50M

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