Openpay: Funding, Investors & Team (Sep 2026)
Openpay is a cutting-edge in-store, in-home and online payments solution that features a buy now and pay later service, interest-free. Openpay allows customers to make in-store and online purchases, and effectively split the payment for these purchases into multiple repayments over time. The company generates revenue from fees charged to merchants and customers in exchange for the use of its payments platform. Openpay is available across Australia and New Zealand in many industries including retail, medical, automotive, home improvement, and more.
Openpay has raised $290M across 2 funding rounds on record, the most recent a Post-IPO Equity of $18.3M announced in May 2022.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Openpay Company Profile and Key Stats
Latest funding round on record: May 2022.
Openpay Funding Rounds
Openpay raised $271M in a Post-IPO Debt announced in Oct 2021.
7 months later, a Post-IPO Equity of $18.3M was announced in May 2022.
Openpay Founders and Leadership Team
Contact details for the Openpay team: 1 of 2 have an email address on file.
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Openpay's latest round of $18.3M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Openpay Funding FAQs
What does Openpay do?
Openpay is a cutting-edge in-store, in-home and online payments solution that features a buy now and pay later service, interest-free. Openpay allows customers to make in-store and online purchases, and effectively split the payment for these purchases into multiple repayments over time. The company generates revenue from fees charged to merchants and customers in exchange for the use of its payments platform. Openpay is available across Australia and New Zealand in many industries including retail, medical, automotive, home improvement, and more.
How much funding has Openpay raised?
Openpay has raised $290M across 2 rounds on record. The most recent is a Post-IPO Equity of $18.3M announced in May 2022.
When did Openpay last raise funding?
Openpay's most recent funding round on record is a Post-IPO Equity of $18.3M, announced in May 2022.
Who is the CEO of Openpay?
Brian Shniderman is listed as CEO at Openpay.
Where is Openpay headquartered?
Openpay is based in Melbourne, Victoria, Australia.
How many employees does Openpay have?
Openpay is in the 251-500 employee band.
How does Openpay's funding compare to other Financial Services startups?
Openpay's latest round of $18.3M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Openpay Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Openpay is left off this page rather than filled in.
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