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About
Afterpay Limited is an Australian financial technology company that specializes in "Buy Now, Pay Later" (BNPL) services. Founded in October 2014 in Sydney by Nick Molnar and Anthony Eisen, Afterpay connects global brands with customers through flexible payment solutions. The company became publicly traded on the Australian Securities Exchange in 2016 and was acquired by Block, Inc. in January 2022.
Afterpay operates in multiple countries, including Australia, the UK, Canada, the US, New Zealand, France, Italy, and Spain, serving over 24 million customers and partnering with more than 348,000 merchants. Its primary service allows consumers to make purchases and pay in four equal, interest-free installments over eight weeks. The platform is designed for both online and in-store transactions, with a focus on enhancing the shopping experience while promoting financial wellness. Afterpay also offers merchants seamless integration for BNPL options at checkout, along with robust fraud detection and risk management solutions.