When was Afterpay founded?

Afterpay was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Afterpay located?

Afterpay is headquartered in Melbourne, Australia.

Who is the current CEO of Afterpay?

Nick Molnar of Afterpay. They have also founded 3 companies and are an angel investors in 1 startup.

How many employees does Afterpay have?

As of May 31, 2026, the latest employee count at Afterpay is 509.

Is Afterpay a funded company?

Afterpay is a funded company, having raised a total of $35.4M across 7 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 14, 2015.

When was the latest funding round of Afterpay?

Afterpay's latest funding was a $***** Post IPO round on Aug 20, 2020, with participation from 1 investor.

Where does Afterpay rank among its competitors?

Afterpay ranks 5th amongst 93 active competitors, of which 25 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Zilch, which secured $175M in Nov, 2025.

Who are the top competitors of Afterpay?

Afterpay's top competitors include PayPal, Square and Klarna. Among them, Zilch secured the most recent funding round in November, 2025.

Afterpay - 2026 Company Profile, Team, Funding & Competitors

Afterpay is an acquired company based in Melbourne (Australia), founded in 2014 by Nick Molnar and Julissa Higgins. It operates as a Provider of buy now, pay later services with flexible options. Afterpay has raised $35.4M in funding. The company has 93 active competitors, including 25 funded and 24 that have exited. Its top competitors include companies like PayPal, Square and Klarna.

Company Details

Provider of buy now, pay later services with flexible options. It facilitates installment payments for purchases. The service allows consumers to acquire goods and services immediately and pay for them over a defined period. It offers options for different regions and languages.

Website: www.afterpay.com/en-US
Social
Email ID: *****@afterpay.com.au

Key Metrics

Founded Year

2014

Location

Melbourne, Australia

Stage

Acquired

Total Funding

$35.4M in 7 rounds

Latest Funding Round

Post IPO, Aug 20, 2020, $*****

Investors

Tiger Global Management & 14 more

Ranked

5^th among 93 active competitors

Employee Count

509 as on May 31, 2026

Investment & Acquisitions

Happay China & 2 more

Similar Companies

PayPal & 263 more

Exit Details

Acquired by Square (Jul 30, 2021)

View Afterpay's full profile

Afterpay is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Afterpay US, Inc. CIN: 20221123991 , United States, Active	Feb 01, 2022	-	-	-
Afterpay Australia Pty Ltd CIN: 169342947 , Australia, Active	May 01, 2014	-	-
AFTERPAY US SERVICES, LLC CIN: 32088375749 , United States, Active	Feb 06, 2023	-	-	-

Afterpay got acquired by Square on Jul 30, 2021.

Click here to take a look at Afterpay's acquisition in detail

Afterpay has raised a total funding of $35.4M over 7 rounds. Its first funding round was on Jul 14, 2015. Its latest funding round was a Post IPO round on Aug 20, 2020 for $*****. 1 investor participated in its latest round. Afterpay has 15 institutional investors.

Here is the list of recent funding rounds of Afterpay:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 20, 2020	9915400	Post IPO	1867736	5406031	4094730	2497442
Aug 04, 2020	8004211	Post IPO	7388742	9571814	8714448	4691348
May 01, 2020	4507218	Post IPO	5559756	6452555	5449206	Tencent

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View details of Afterpay's funding rounds and investors

The founders of Afterpay are Nick Molnar and Julissa Higgins. Nick Molnar is the CEO of Afterpay.

Here are the details of Afterpay's key team members:

Nick Molnar: Co-Founder & CEO of Afterpay and founder of 3 other companies, Ice Jewellery, Clearpay and Afterpay. They are also an angel investor in 1 startup.
Julissa Higgins: Global Women@ Founder and Lead of Afterpay.

View details of Afterpay's Founder profiles and Board Members

Afterpay's employee count trend

Afterpay has 509 employees as of May 26. Here is Afterpay's employee count trend over the years:

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Top competitors of Afterpay include PayPal, Square and Klarna. Here is the list of Top 10 competitors of Afterpay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	ING, MDP & 29 others	87/100
2nd	Square 2009, San Francisco (United States), Public	Provider of integrated point of sale and business management solutions	$520M	Victory Park Capital Advisors, GIC & 59 others	85/100
3rd	Klarna 2005, Stockholm (Sweden), Public	Developer of an online platform for point-of-sale financing	$4.19B	Sequoia Capital, Silver Lake & 136 others	85/100
4th	Sunbit 2016, Los Angeles (United States), Series D	Online platform for point of sale financing	$159M	Zeev Ventures, Group 11 & 20 others	78/100
5th	Afterpay 2014, Melbourne (Australia), Acquired	Provider of buy now, pay later services with flexible options	$35.4M	Tiger Global Management, Sarissa Capital ... & 13 others	77/100
6th	Sezzle 2016, Minneapolis (United States), Acquired	Online platform for point of sale financing	$17.5M	E-Merge, Continental Investors & 10 others	77/100
7th	Zip 2013, Sydney (Australia), Public	Provider of an online platform for point-of-sale financing	-	Cooper, Victory Park Capital Advisors & 3 others	76/100
8th	Zilch 2018, London (United Kingdom), Series D	Direct-to-consumer ad-subsidised payments network	$566M	Gauss Ventures, Ventura Capital & 91 others	75/100
9th	Snap Finance 2012, Salt Lake City (United States), Series B	Provider of merchandise financing through partner stores	$30.1M	Summit Partners, Rock Creek Capital & 1 others	75/100
10th	Katapult 2014, New York City (United States), Public	Provider of an online lending platform for point-of-sale financing	-	Blumberg Capital, MissionOG & 4 others	75/100

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Looking for more details on Afterpay's competitors? Click here to see the top ones

Afterpay has made 2 investments in Happay China and Postpay and acquired EMPATKALI.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 13, 2021	Investments	Happay China	2020	Pudong (China)
Jun 28, 2021	Investments	Postpay	2019	Dubai (United Arab Emirates)
Aug 27, 2020	Acquisition	EMPATKALI	2018	Jakarta (Indonesia)