Openpay wants to take 'buy now pay later' upmarket

James EyersSenior Reporter

Dec 16, 2019 — 12.00am

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Openpay, another "buy now pay later" provider, says its growth rate for the first quarter is on track with rapid increases in customer and merchant numbers recorded over the past three years, as it prepares to list on the Australian Securities Exchange on Monday.

The latest fintech float - after personal lender MoneyMe hit the ASX last week and payments terminal maker Tyro listed the week before - has been underwritten by Shaw and Partners and seeks to take advantage of the investor community's growing understanding of buy now pay later offerings after the runaway success of dominant