Openpay (ASX:OPY) Soars on Q4 FY22 Results as BNPL Stocks Surge
Long-suffering ASX BNPL stocks have been surging in recent weeks, with Openpay Group no exception as the fintech released its Q4 FY22 results.
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Long-suffering ASX BNPL stocks have been surging in recent weeks, with Openpay Group no exception as the fintech released its Q4 FY22 results.
CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Friday, following the broadly negative cues overnight from global markets, dragged by materials and energy stocks amid tumbling
Openpay Group [ASX:OPY] is suspending its US operations indefinitely and materially reducing its US staff as the buy now, pay later (BNPL) stock continues to scale down to drive down costs.
Listed buy-now-pay-later business Openpay Group was asking investors for fresh funds on Friday morning via Shaw and Partners.
The Consumer Financial Protection Bureau's investigation calls some installment lenders' collection practices into question, but also highlights the ease of access that has made their loans so popular.