Group CEO and Managing Director, OpenPay
| Role | Organisation | Sources |
|---|---|---|
| Group CEO and Managing Director | OpenPay | Australian FinTech (Wed 21 Jul 2021), Australian FinTech (Tue 22 Jun 2021), Australian FinTech (Wed 31 Mar 2021), Startup Daily (Fri 5 Jun 2020), Startup Daily (Mon 16 Dec 2019) |
| CEO | Openpay Group Ltd | Startup Daily |
Stories naming Michael Eidel. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Openpay promotes Dion Appel from Group Chief Commercial Officer to lead its Australia and New Zealand business, while Ed Bunting and Theresa Abela take new group roles and Michael Eidel stays Group CEO.
Australian BNPL firm Openpay has agreed to buy Payment Assist, a British automotive buy-now-pay-later provider, for £11.5 million upfront plus an earn-out of up to £17 million, completing in FY2022's first half.
ASX-listed payments firm Openpay has lined up $67.5 million across a corporate debt facility, an institutional share placement backed by binding commitments, and a share purchase plan, funding its US, UK and Australian expansion.
Buy-now-pay-later lender Openpay reports record July trading, with transaction value and customers up sharply, new partnership deals, and appoints Jussi Nunes as CFO, replacing Andrew Burns, ahead of its annual results.
Openpay raised about A$33.77 million via an oversubscribed institutional placement, days after securing a £25 million debt facility for its UK business, lifting its market cap to A$329 million.
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Melbourne BNPL fintech Openpay listed on the ASX, raising $50 million at $1.60 a share for a $150 million market cap, with shares falling below the issue price on debut.