BNPL firm Openpay pauses US operations, to focus on home market Australia

BNPL firm Openpay pauses US operations, to focus on home market Australia

Australian buy-now-pay-later firm Openpay Group Ltd said on Friday it will “indefinitely” pause its United States operations and “materially” reduce its workforce, citing adverse macroeconomic and public market conditions.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter