Italian fintech company Opyn is expanding internationally and seeking M&A opportunities. The company’s B2B Buy Now Pay Later solution, Opyn Pay Later, is now available to merchants in the European Union, Switzerland, and the UK. Opyn Pay Later offers businesses flexible and modular payment deferral without interest or spending limits. The company aims to scale up its operations and seize the full potential of the rapidly growing Buy Now Pay Later market.
Opyn plans to target M&A opportunities in Italy and abroad as part of its expansion strategy. The company is looking for strategic partners in the credit, point-of-sale, and payments sectors that would allow it to integrate its Lending-as-a-Service and Buy Now Pay Later platform. The goal is to generate significant synergies in terms of customers and cost efficiency.
Research and Markets expects the gross merchandise volume of the Buy Now Pay Later market in Europe to double to $326 million by 2028. Opyn’s expansion into new markets and M&A activities will help it capture a share of this growing market.
