Afterpay co-founder Nick Molnar says he will be hanging onto his stake in the merged business as it attempts to take on credit cards.
The timing of Afterpay founders Anthony Eisen and Nick Molnar might have been marginally off but with an onslaught looming,their decision to sell their juggernaut makes a lot of sense.
Afterpay co-founder and Australia’s youngest self made billionaire is busy investing some of his estimated personal $2.2 billion fortune into Australian startups.
Millennial-focused share trading platform Superhero is plotting a path to an initial public offering after securing $25 million in fresh funding.
To understand why Afterpay and the buy now,pay later phenomenon has become so popular,behavioural scientists are harking back to our early days on the African savannah.
Linktree is looking to tap into the nascent social commerce market with its latest fund raising from strategic investors including the billionaire Afterpay co-founder.
Afterpay's new management structure is a little unconventional,but the buy now,pay later darling is no stranger to breaking with convention.
The buy now,pay later heavyweight's shares have pushed past the $100 mark as it jumps on board Westpac's digital platform to mine more data from its customers.
Anthony Eisen and Nicholas Molnar are selling $250m in shares as the company looks to speed up its global expansion after the pandemic delivers a sales surge.
The buy now,pay later lender has rejected calls for it to conduct credit checks on new customers,saying they are unhelpful for Millenials with no credit history.
It remains to be seen whether anything really changes at the buy now pay later service