Openpay: ASX-listed BNPL Openpay handed to receivers just a week after 'record' results after failing to secure working capital

ASX-listed Buy-now-pay-later (BNPL) fintech Openpay has been placed in the hands of receivers after it failed to bank working capital from its key funder. The payments platform has been shut down, effectively sealing the company's fate. The collapse comes a week after the company's quarterly results on January 31, which flagged delays in receiving the [...]The post ASX-listed BNPL Openpay handed to receivers just a week after 'record' results after failing to secure working capital appeared first on TheVentureCation.com.