Podcast: Bank To The Future – Michael Eidel, CEO and MD of Openpay (Ep 10)
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- By Chris Titley
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- 06 August 2020, 4:25 PM
Episode 10 is with Michael Eidel, CEO and MD of Openpay. Openpay is within the BNPL sector – a sector that has seen euphoric share price rises recently.
Michael talks about where Openpay sits within the sector and the large customer wins in Bunnings and JD Sports.
Michael also talks about their growth plans, their due diligence on customers and the view that BNPL is disrupting Credit Cards.
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From July 1, 2020 Open Banking in Australia is now active. To document this change, as well as other current and future trends in banking and payments, Morgans Financial is launching the “Bank to the future”, podcast series. This podcast is designed to educate investors by profiling and introducing companies and individuals within the digital and traditional banking landscape, payments, lenders, Buy now pay later (BNPL) and many other partners within the domestic and global ecosystem. Click on the 'Podcast' tag in the menu to the right to listen to the most recent interviews. Please contact your nearest Morgans office for more information.
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