Afterpay Limited
Founders
Nick Molnar, Anthony Eisen · Founded 2014 · HQ today: Melbourne, Victoria, Australia
Afterpay was founded by Nick Molnar, Anthony Eisen in 2014. It is now led by Jack Dorsey.
Afterpay was founded in Sydney, Australia in 2014 by Nick Molnar, a 24-year-old jewelry student who sold on eBay, and Anthony Eisen, a seasoned investment banker who lived across the street. Molnar noticed that millennials were highly averse to traditional credit cards following the 2008 financial crisis but still wanted instant gratification. They built a platform that allowed users to split payments into four interest-free installments, aggressively pitching it to Australian fashion retailers to drive massive conversion rates.
Before Afterpay, Nick Molnar worked at M.H. Carnegie & Co. and built experience selling jewelry online. Afterpay identifies Molnar and Anthony Eisen as neighbours who founded the company in Sydney in 2014.
Nick Molnar co-founded Afterpay and served as co-CEO through the Block acquisition. Block's 2024 shareholder letter said he would lead a centralized sales function across Block, including Square, reporting to Jack Dorsey. Nick Molnar was born in 1990.
Investment banker with deep experience in capital markets.
Anthony Eisen co-founded Afterpay in 2014. As the older, highly experienced financial architect, he secured the massive initial debt facilities required to actually fund the consumer loans before merchants were paid. He served as Co-CEO, guiding the company through its explosive global growth and negotiating the massive $29 billion acquisition by Square (now Block) in 2021. Anthony Eisen was born in 1971.
Jack Dorsey
CEO of parent company Block
As CEO of Block (formerly Square), he bet the future of his company on the premise that Afterpay's massive merchant network could close the loop between Square's sellers and Cash App's consumers.
Nick Molnar
Co-founder and Co-CEO
As Co-Founder and Co-CEO, he served as the public face of the company, rapidly scaling the 'Buy Now, Pay Later' (BNPL) model globally before orchestrating the massive sale to Block.
Anthony Eisen
Co-founder and Co-CEO
As Co-Founder and Co-CEO, he navigated intense regulatory scrutiny from the Australian government regarding predatory lending practices.
Nick Molnar and Anthony Eisen founded Afterpay in Sydney in 2014. The later ASX-listed company maintained its corporate base in Melbourne.
Block said in 2024 that Molnar would lead a centralized sales function across Block, including Square, reporting to Jack Dorsey.
Block said in February 2025 that Eisen was CEO and Chairman of Reshop when he joined Block's board.
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