What Does Openpay Do?

Total employees37
HeadquartersMelbourne
Founded2014

Openpay Group Ltd (formerly ASX:OPY) was a global Buy Now, Pay Later (BNPL) provider founded in 2013, headquartered in Melbourne, Australia. It offered flexible payment plans to consumers and businesses, specializing in higher-value transactions in sectors like retail, automotive, healthcare, and home improvement. Openpay operated in Australia, New Zealand, the United Kingdom, and had a brief presence in the United States. In February 2023, the company entered receivership and administration, leading to the cessation of its operations in Australia and the UK. Its US assets were sold separately.

Where Is Openpay's Headquarters?

HQ Function

The Melbourne headquarters served as the core for global strategy, product development, corporate finance, marketing, and managed Australian and New Zealand operations before the company's closure.

Notable Features:

Located in a prominent commercial building on Collins Street, known for housing various financial and corporate entities. The office space was likely modern and designed to support a technology-driven financial services company.

Work Culture:

Prior to administration, Openpay aimed to cultivate an innovative, agile, and customer-focused work culture, typical of fintech scale-ups. Emphasis was placed on collaboration and adapting to the rapidly evolving BNPL market.

HQ Significance:

This headquarters was central to Openpay's growth, its listing on the Australian Securities Exchange (ASX), and its international expansion efforts until its operations were wound down.

Values Reflected in HQ: The headquarters likely aimed to embody values of innovation, financial responsibility, and customer empowerment, which were central to Openpay's brand messaging prior to its closure.

Location:

Prior to entering administration in February 2023, Openpay Group Ltd had established operations primarily in Australia, New Zealand, and the United Kingdom. It also briefly operated in the United States through Openpay US, Inc., which was subsequently sold. Its global functions included technology platform development and maintenance, localized marketing and sales, customer support, and adherence to regional financial regulations for its Buy Now Pay Later services across these markets.

Street Address:

Level 9, 459 Collins Street

City:

Melbourne

State/Province:

VIC

Country:

Australia

Where Else Does Openpay Operate Around the World?

London, United Kingdom

Address: 70 Wilson Street, London, EC2A 2DB, UK (Former address)

To establish and grow Openpay's BNPL services within the competitive UK financial services and retail sectors, adapting the model for local consumer behavior and merchant needs. UK operations also ceased in 2023.

Auckland, New Zealand

Address: Level 2, 60-64 Upper Queen Street, Eden Terrace, Auckland, 1010, New Zealand (Former address)

To provide Openpay's BNPL solutions to consumers and businesses in New Zealand, often leveraging synergies with the Australian operations. NZ operations also ceased in line with the group's administration.

Buying Intent Signals for Openpay

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Openpay? Meet the Executive Team

As of April 2025, Openpay' leadership includes:

Dion Appel - Chief Executive Officer (until Feb 2023)
Jenti Poletto - Chief Financial Officer (Sept 2022 - Feb 2023)
Patrick Tuttle - Non-Executive Chairman (until Feb 2023)
Barry Kogan, Jonathan Henry, Rob Smith, Ben Davies (McGrathNicol) - Appointed Receivers and Managers / Administrators (from Feb 2023)

Who's Investing in Openpay?

Openpay has been backed by several prominent investors over the years, including:

OurCrowd (Early-stage venture capital)
Various institutional and retail shareholders (Formerly listed on ASX under ticker OPY before delisting and administration)

What Leadership Changes Has Openpay Seen Recently?

Hire1
Exits3

The most significant executive event in the last 12-18 months for Openpay Group Ltd was its entry into receivership and administration in February 2023, leading to the cessation of operations and the effective departure of its executive leadership. Prior to this, a key appointment was Jenti Poletto as CFO in September 2022.

Departures

Dion Appel, Role concluded with the company entering receivership and administration.
Jenti Poletto, Role concluded with the company entering receivership and administration.
Patrick Tuttle, Role concluded with the company entering receivership and administration.

New Appointments:

Jenti Poletto, Jenti Poletto appointed as new CFO.
Barry Kogan, Jonathan Henry, Rob Smith, Ben Davies (McGrathNicol), McGrathNicol partners appointed to manage the company's affairs.

What Technology (Tech Stack) Is Used byOpenpay?

Discover the tools Openpay uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Openpay Email Formats and Examples

Prior to its closure, Openpay Group Ltd likely used common corporate email formats. Emails are no longer active.

Common formats included [first].[last]@openpay.com.au or [first_initial][last]@openpay.com.au

Format

jane.doe@openpay.com.au

Example

0 (Company is defunct and emails are no longer active)%

Success rate

What's the Latest News About Openpay?

Australian Financial Review (AFR)February 7, 2023

Openpay collapses into receivership, operations cease

Buy now, pay later company Openpay Group has collapsed into receivership, with McGrathNicol appointed. The company ceased all operations, impacting customers and merchants. This followed a period of financial difficulty and failure to secure further funding....more

McGrathNicolFebruary 4, 2023

Openpay Group Ltd Enters Receivership and Administration

McGrathNicol announced the appointment of Barry Kogan, Jonathan Henry, Rob Smith, and Ben Davies as Receivers and Managers and Voluntary Administrators of Openpay Group Ltd and certain of its Australian subsidiaries. The company's platform was immediately suspended....more

Openpay ASX Announcement (Historical)September 1, 2022

Openpay Appoints Jenti Poletto as Chief Financial Officer

Openpay Group Ltd announced the appointment of Ms Jenti Poletto as its new Chief Financial Officer, effective September 2022, to support the company's financial strategy and growth initiatives....more

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