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Kim Kardashian and Urban Outfitters helped Afterpay leap into the US millennial market

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When Nick Molnar and Anthony Eisen co-founded Afterpay more than five years ago, no one could have expected that the company’s market valuation would be nearing $40 billion today.

Thanks to a growing global base of millennials and Gen Z customers who keep ditching their credit cards in favour of the buy now, pay later platform, Afterpay has become the new darling of Australia’s share market.

As the COVID-19 pandemic locked down much of the world and turned more people toward online shopping, Afterpay’s business — and share price — has continued to surge.

This modern lay-buy service — red-hot with young consumers, but now also growing in use among an older cohort — has turned Mr Molnar and Mr Eisen into billionaires.

Anthony Eisen and Nick Molnar Afterpay_R 0040 copy.jpeg
Afterpay, run…



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