Afterpay Limited has amassed almost 10 million customers and over 55,400 retail merchants.
Afterpay Limited announced on Tuesday that it has appointed Nick Molnar as Co-Chief Executive Officer and Managing Director, effective immediately.
Announced in a press release today, Molnar, a serial entrepreneur with extensive online retail experience, will share the responsibilities of the Chief Executive and Managing Director role at Afterpay, a leading Australian retail Payments innovator, with Anthony Eisen, who has held the position of CEO for six years.
In early 2014, Molnar and Eisen took on the challenge of founding Afterpay. Since then it has amassed almost 10 million customers and over 55,400 retail merchants. Additionally, the fintech is listed on the Australian Securities Exchange and operates in Australia, the UK, the US and New Zealand.
Afterpay Chair, Elana Rubin, commented: “Since Anthony and Nick co-founded Afterpay, the ability to Leverage their complementary skills and experience has culminated in a strong and very successful partnership and has been key to Afterpay’s global success.”
This partly explains why Afterpay, located in Melbourne, has received various awards for its achievements including, “FinTech Innovator in Payments” at the inaugural FinTech Awards 2016, Finnies: FinTech Organisation of the Year & Excellence in Payments 2019, Australian Banking & Innovation Awards: Best Fintech Innovator 2019, Fin-tech Innovation in Payments and International Conqueror Award at the FinTech Awards 2019.
Prior to this promotion, in August 2012 Molnar embarked on developing an online jeweller, Ice.com, which was launched in Australia under a local brand called Iceonline.com.au. Notably, his family have proven successful in this industry for many decades. Thus, his specialised local product knowledge combined with his online marketing expertise enabled him to capitalise on a gap in the market, which is still ongoing today.
Before Ice.com, Molnar was the Founder of BeShop in late 2008. Based in Sydney, he started by selling excess inventory of Jewellery on eBay. Not long after it grew and in late 2012, it transformed into Australia’s largest online jewellery retailer.
Earlier to the entrepreneur’s time developing BeShop, Molnar was an Investment Analyst at a venture capital fund, M. H. Carnegie & Co. where he was responsible for growth-stage investments for one year.
Molnar in The US and Eisen in Australia
Rubin said: “As Afterpay continues to expand globally, the focus on its international operations has never been greater.”
“To achieve this, Anthony and Nick will become co-CEOs of Afterpay. They will continue to share responsibility for executing on our strategy and their performance will be measured on the same key objectives. Nick will return to the US as soon as is practicable, and Anthony will continue to be based in Australia,” Rubin added.
Afterpay Co-CEOs, Anthony Eisen and Nick Molnar commented: “The decision to become co-CEOs is a logical one considering our global expansion plans and ambitious long term goals. We are both committed to leading the business over the long term, and driving our strategy to continue generating value for our shareholders.”
Afterpay Limited announced on Tuesday that it has appointed Nick Molnar as Co-Chief Executive Officer and Managing Director, effective immediately.
Announced in a press release today, Molnar, a serial entrepreneur with extensive online retail experience, will share the responsibilities of the Chief Executive and Managing Director role at Afterpay, a leading Australian retail Payments innovator, with Anthony Eisen, who has held the position of CEO for six years.
In early 2014, Molnar and Eisen took on the challenge of founding Afterpay. Since then it has amassed almost 10 million customers and over 55,400 retail merchants. Additionally, the fintech is listed on the Australian Securities Exchange and operates in Australia, the UK, the US and New Zealand.
Afterpay Chair, Elana Rubin, commented: “Since Anthony and Nick co-founded Afterpay, the ability to Leverage their complementary skills and experience has culminated in a strong and very successful partnership and has been key to Afterpay’s global success.”
This partly explains why Afterpay, located in Melbourne, has received various awards for its achievements including, “FinTech Innovator in Payments” at the inaugural FinTech Awards 2016, Finnies: FinTech Organisation of the Year & Excellence in Payments 2019, Australian Banking & Innovation Awards: Best Fintech Innovator 2019, Fin-tech Innovation in Payments and International Conqueror Award at the FinTech Awards 2019.
Prior to this promotion, in August 2012 Molnar embarked on developing an online jeweller, Ice.com, which was launched in Australia under a local brand called Iceonline.com.au. Notably, his family have proven successful in this industry for many decades. Thus, his specialised local product knowledge combined with his online marketing expertise enabled him to capitalise on a gap in the market, which is still ongoing today.
Before Ice.com, Molnar was the Founder of BeShop in late 2008. Based in Sydney, he started by selling excess inventory of Jewellery on eBay. Not long after it grew and in late 2012, it transformed into Australia’s largest online jewellery retailer.
Earlier to the entrepreneur’s time developing BeShop, Molnar was an Investment Analyst at a venture capital fund, M. H. Carnegie & Co. where he was responsible for growth-stage investments for one year.
Molnar in The US and Eisen in Australia
Rubin said: “As Afterpay continues to expand globally, the focus on its international operations has never been greater.”
“To achieve this, Anthony and Nick will become co-CEOs of Afterpay. They will continue to share responsibility for executing on our strategy and their performance will be measured on the same key objectives. Nick will return to the US as soon as is practicable, and Anthony will continue to be based in Australia,” Rubin added.
Afterpay Co-CEOs, Anthony Eisen and Nick Molnar commented: “The decision to become co-CEOs is a logical one considering our global expansion plans and ambitious long term goals. We are both committed to leading the business over the long term, and driving our strategy to continue generating value for our shareholders.”
Coming from a background in English Education, Tom joined Finance Magnates in Autumn 2020, originally as a Content Specialist and Proofreader in his first year. Having completed three successful years with the FM News desk, he has since worked with the team as both an editor and a proofreader.
Previously, he spent almost two decades in the field of education, working around the globe at different institutions and companies, which has influenced him considerably after being immersed in various cultures and business environments.
Now fully developed in this field, he is relishing the challenge of constantly adapting to the ever-changing fintech industry and all the developments that arise.
He holds a bachelor's degree in Marketing and a higher diploma in English Teaching from Cambridge University.
Noel Quinn's Surprise Exit Marks End of an Era at HSBC
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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