Home / Business and Economy / Afterpay Co-Founder Molnar Exits Block Inc. By Year's End
Afterpay Co-Founder Molnar Exits Block Inc. By Year's End
14 Nov
Summary
- Nick Molnar, co-founder of Afterpay, will leave the company.
- Molnar's departure from Block Inc. is scheduled for the end of the year.
- He cited a desire to focus on his family as the reason for leaving.
Nick Molnar, a co-founder of the Australian buy-now, pay-later company Afterpay Ltd., has announced his resignation. He will be leaving both Afterpay and its parent company, Block Inc., at the conclusion of the current year. Molnar made this significant announcement via a LinkedIn post.
He established Afterpay in 2014 alongside his business partner, Anthony Eisen. Molnar cited a personal desire to focus on his family as the primary reason for stepping down from his executive roles. His departure signifies a notable change for the fintech sector, where Afterpay has been a leading innovator.
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