Nick Molnar (born February 1990) is an Australian entrepreneur who is the co-founder of Afterpay.
[4] Late charges would accrue beginning after a payment is missed, with interest and fees capped at 25% of an item's price.
[4] In August 2021 Afterpay and Square, Inc. (later renamed Block, Inc. in December 2021), a digital payments company, announced they had entered into arrangements for Square to acquire Afterpay for US$29 billion (A$39 billion) which was completed on 31 January 2022.
[citation needed] In July 2022, Business Insider Magazine stated that Molnar was the youngest Australian "self-made" billionaire.
[17] As of May 2023[update], The Australian Financial Review assessed Molnar's net worth at A$1.26 billion on the 2023 Rich List.