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Insights

BNPL Expansion Strategy Openpay has successfully expanded its Buy Now, Pay Later (BNPL) services to multiple continents including the US, UK, and Australia, providing opportunities for cross-border sales and partnerships in the global BNPL market.

Strategic Partnerships Through partnerships with companies like WeMoney, Everyware Worldwide Inc., and PatientNOW, Openpay has diversified its offerings to include insurance, contactless payments, and practice-management solutions, presenting avenues for bundled service sales and collaborative ventures.

Technology Integration Utilizing a tech stack that includes WordPress, Backbone.js, and AWS, Openpay demonstrates a commitment to cutting-edge technology, creating potential sales opportunities in the tech solutions space for companies seeking innovative payment and finance tools.

Financial Investment Securing $33 million in funding, Openpay showcases financial stability and growth potential, positioning the company as a reliable partner for financial institutions, investors, and businesses looking to align with a well-funded fintech player.

Market Recognition With revenue between $10-50 million, Openpay competes with established players like Sezzle and Laybuy in the BNPL sector, presenting sales opportunities through targeted market positioning and competitive differentiation strategies.

Similar companies to Openpay

Openpay Tech Stack

Openpay uses 8 technology products and services including WordPress, Twitter Emoji (Twemoji), Backbone.js, and more. Explore Openpay's tech stack below.

  • WordPress
    Content Management System
  • Twitter Emoji (Twemoji)
    Font Scripts
  • Backbone.js
    Javascript Frameworks
  • AOS
    Javascript Libraries
  • Amazon Web Services
    Platform As A Service
  • Yoast SEO Premium
    Search Engines
  • HSTS
    Security
  • 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 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 June 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 June 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.Head Of Retail: S. N.Risk Data & Decisioning Systems Manager: A. N.. 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 WordPressTwitter Emoji (Twemoji)Backbone.jsAOSAmazon Web ServicesYoast SEO PremiumHSTSNginx.

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 June 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
NAICS Code
52 - Finance and Insurance
Founded
2014
Employees
51-200

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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