Openpay Group (ASX:OPY) welcomes regulatory review in the UK - Sequoia Direct Pty Ltd

03FebFebruary 3, 2021

Openpay Group (ASX:OPY) welcomes regulatory review in the UK

Buy now Pay smarter’ company, Openpay Group (ASX:OPY) welcomes the publication of the UK’s Financial Conduct Authority (FCA) Woolard Review and confirms that Openpay embraces modern and proportionate regulation in all markets.

Openpay has been working with the UK’s FCA to help ensure that any further regulatory measures for the BNPL sector will ensure consumer choice, product innovation and strong consumer protections.

Openpay is preparing for its next phase of growth via rollout in Automotive and Healthcare specialist verticals.

Shares in Openpay Group (ASX:OPY) are trading 1.95 per cent lower at $2.51.

Copyright 2021 – Finance News Network

Source: Finance News Network

Related Posts

08JanJanuary 8, 2020

Ioneer (ASX:INR) successfully resolves environmental litigation

08 Jan 2020 - Emerging lithium-boron supplier, ioneer (ASX:INR) successfully resolved a lawsuit relating to the Rhyolite Ridge Lithium-Boron Project in Nevada in the US.

28AugAugust 28, 2020

Autosports Group (ASX:ASG) records net loss after tax of $102.4M

28 Aug 2020 - Autosports Group (ASX:ASG) recorded statutory revenue of $1.7 billion, up 1 per cent year on year.

23NovNovember 23, 2021

Stocks of the Hour: BHP, TechnologyOne & Bapcor

23 Nov 2021 - A snapshot of the stocks on the move, featuring BHP (ASX:BHP), TechnologyOne (ASX:TNE) & Bapcor (ASX:BAP).

21JulJuly 21, 2020

Downer (AXS:DOW) in $400m equity raising and corporate overhaul

21 Jul 2020 - Downer (AXS:DOW) has launched a $400 million equity raising to strengthen it’s balance sheet, fund acquisition of the remaining shares in Spotless and provide flexibility for continued investment in Downer’s core business.

25SepSeptember 25, 2020

Aussie smallcap Vulcan (ASX:VUL) nabs former Tesla director

25 Sep 2020 - Vulcan Energy Resources (ASX:VUL) has announced that a former director of Tesla for Central Europe, Jochen Rudat, will be joining Vulcan’s business development team effective immediately on a consultancy basis.

14DecDecember 14, 2023

Stocks of the Hour: Alkane Resources, QX Resources, Buxton Resources

14 Dec 2023 - A snapshot of the stocks on the move, featuring Alkane Resources (ASX:ALK), QX Resources Limited (ASX:QXR) and Buxton Resources (ASX:BUX).

04MarMarch 4, 2020

Crown Resorts (ASX:CWN) welcome Ken Barton as a director

04 Mar 2020 - Crown Resorts (ASX:CWN) announced that the appointment of Ken Barton as a director of Crown has become effective.

10AugAugust 10, 2020

Kogan.com (ASX:KGN) sees uptick in customers, sales, profit in July

10 Aug 2020 - Kogan.com (ASX:KGN) has added 126,000 new customers in July, bringing its active customer base to more than 2.3 million.

21JunJune 21, 2023

Stocks of the Hour: Sayona Mining, Tamboran Resources, Imagion Biosystems

21 Jun 2023 - A snapshot of the stocks on the move featuring Sayona Mining (ASX:SYA), Tamboran Resources (ASX:TBN) and Imagion Biosystems (ASX:IBX).

22OctOctober 22, 2019

Super retail (ASX:SUL) posts positive first quarter

22 Oct 2019 - Super retail group (ASX:SUL) has posted a positive result in the first quarter of the 2020 financial year the Group has delivered total sales growth of 4.2 per cent and like for like sales growth of 3.2 per cent.