Openpay secures $110 million receivables facility

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About Openpay

Openpay Group Ltd (ASX: OPY) is a fast-growing and highly differentiated fintech solution provider. The Company supports both B2C and B2B platforms. Openpay’s B2C platform is an embedded finance solution delivering flexible repayment plans that help manage cashflow and household budgeting. Plans range from 2–24 months and enable transactions up to $20,000. Openpay is accepted in verticals including: Automotive, Healthcare, Retail, Home Improvement and Education. Openpay’s B2B platform, OpyPro, is a SaaS solution that enables merchants to manage their trade accounts via an end-to-end digitised platform enabling transactions in-store and online. The platform supports the application and onboarding process, ongoing account management and business processing, including invoicing, remittance, and reconciliation.

Why invest in Openpay

Openpay has a strong track record of growth and future growth opportunities. It is an attractive proposition for both customers and merchants and has a highly scalable business model, a differentiated customer base and an experienced management team and board.

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