Co-Founder and US CEO
Nick Molnar is co-founder and U.S. Chief Executive Officer of Afterpay, the leading retail payments innovator and one of the fastest growing global fintech companies.
As a former investment analyst and young, serial-entrepreneur, Nick’s vision for Afterpay was to create a global payment solution that would allow consumers to pay for items in four interest-free installments. As a millennial himself, he recognized that this generation has an aversion to credit cards because they can lead to compounding debt. He launched Afterpay in Australia in October 2014, and expanded into the US in May 2018 and the UK in June 2019.
In 2016, Afterpay was listed on the Australian Securities Exchange, and in 2017 merged with Touchcorp to form Afterpay Touch Group.
Prior to establishing Afterpay, Nick launched the leading American online jeweler, Ice.com, into Australia. Given Nick’s family has been in the Australian jewelry industry for the past 30 years, he was able to combine specialized local product knowledge with technical online marketing expertise to exploit on the gap in the market. He successfully grew Ice in Australia to become the largest online-only jewelry and watch retailer. Earlier in his career, Nick worked as an Investment Analyst at venture capital fund M. H. Carnegie & Co., where he was primarily responsible for growth stage investments.