Australian Buy Now Pay Later Provider Openpay Commence Launch in U.S. Market
Group Ltd (ASX: OPY), an Australia-based Buy now, pay later (BNPL) provider announced on Wednesday it has commenced the launch of its operations in the US market. Openpay describes itself as a fast-growing, and highly differentiated player in global BNPL payment solutions. The provider offers flexible plans in the market, focuses on industries, which are Automotive, Healthcare, Home Improvement, Memberships, and Education. Openpay also offers B2B offering, Openpay for Business, which is a SaaS-based platform that allows companies to manage trade accounts end-to-end.
Openpay further revealed that the U.S. launch adds to its global reach. The provider is already offering its services in Australia, New Zealand, and the UK.