Who is Openpay?
Openpay Group Ltd (ASX: OPY) is a fast-growing and highly differentiated player in the global 'Buy now pay later' (BNPL) payment solutions market. The Company’s strong platform enables it to deliver the most flexible plans in the market with durations of 2–24 months and values of up to $20,000.
Openpay focuses on industries where it can make a true difference: Automotive, Healthcare, Home Improvement, Memberships and Education; and its target customers are finance-savvy and of an older demographic who use Openpay plans as a cashflow management tool.
Openpay also has a unique B2B offering, Openpay for Business, a SaaS-based platform that allows companies to manage trade accounts end-to-end, including applications, credit checks, approvals and account management in the one system.
Openpay provides services to Customers and Merchants in Australia, New Zealand, the UK and entered the US market, under the brand name Opy, in December 2020.
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.
Which stock exchange is Openpay listed on?
Openpay listed on the Australian Securities Exchange (ASX) on 16 December 2019.
What is Openpay’s ticker code?
Openpay trades under the ticker code: OPY.
How do I buy shares in Openpay?
All shares listed on the ASX can be bought or sold through a broker or online trading platform. A stockbroker acts as your agent to buy or sell shares on your behalf, for which a fee is charged. A broker can also provide a range of services including the provision of advice on which shares to buy or sell.
For more information on how to find the right broker or trading platform, visit the ASX website at www.asx.com.au.
Is there a minimum number of shares I need to purchase to become a shareholder?
The minimum amount of shares under ASX listing rules is $500 worth of shares. Openpay suggests that individuals discuss the purchase of any shares with a financial advisor or broker to determine what the optimal number to buy would be considering budget and personal factors.
What is Openpay’s fiscal year?
Openpay’s fiscal year runs from July 1 to June 30.
Who maintains Openpay’s share registry?
Automic Registry Services is Openpay’s share registrar. Should you require information regarding your shareholding, please contact Automic via phone or web:
1300 288 664 (within Australia)
+61 (0) 2 9698 5414 (International)
What is the best way to keep across Openpay’s progress?
A great way to keep across our news as it’s released to market is to subscribe for email alerts. To subscribe now, click here. You can unsubscribe at any time.
How do I contact Investor Relations?
For investor relations, refer details on our Contact Us page.