Friday, October 8, 2021

Opy USA Secures $271.4M In Debt Funding

San Diego-based Opy USA and its parent company, Openpay Group Ltd., announced this week that the two have raised $271.4M in a debt funding round, which came from Goldman Sachs and Atalaya Capital Management. The two, who provide "buy now pay later" financial products, said the funding will help it with expansion in the the U.S. payments market. Terms of that debt were not announced. Openpay says it offers up financing to consumers in the automotive, healthcare, home improvement, membership, education, and other areas.