Afterpay Australia Pty Ltd
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Afterpay Australia Pty Ltd - overview
Established
2015
Location
-, -, Australia
Primary Industry
Internet
About
Founded in 2015 by Nick Molnar and Anthony Eisen, and based in Melbourne, Australia, Afterpay Australia Pty Ltd operates as a provider of a mobile application that allows users to find and buy consumer products. In January 2022, Square, Inc. , a portfolio company of Morgan Stanley Financial Sponsors Group and Sands Capital Management LLC, fully acquired Afterpay Australia Pty Ltd. from MUFG Innovation Partners and Tencent Investment for AUD 29 billion, at AUD 126.
21 per share. The company provides digital payments services through a BNPL (buy now pay later) platform. The company's platform allows customers to manage their installment payments directly in Cash App, and also allows gives Cash App customers to find sellers and BNPL offers directly within the app. The platform allows customers to select various types of products such as jewellery, fashion, apparel, swimwear, electronics, appliances, shoes, bags, etc.
from various retailers. Afterpay Australia Pty Ltd plans to provide BNPL functionality to sellers, making use of Square Online for eCommerce customers in the U. S. and Australia.
Current Investors
Block, Inc., Tencent Investment, MUFG Innovation Partners
Primary Industry
Internet
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.afterpay.com.au
Verticals
E-commerce, FinTech, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Afterpay Australia Pty Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Afterpay Australia Pty Ltd | - | ||||||||
| PIPE | Completed | Afterpay Australia Pty Ltd | - | ||||||||
| PIPE | Completed | Afterpay Australia Pty Ltd | - |
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