Seven years ago, Nick Molnar and Anthony Eisen were neighbours in Sydney. One day they got chatting, as good neighbours do, and came up with a simple idea that would ultimately outsmart greedy credit card companies and banks. Today Nick and Anthony are not only business partners, they’re billionaires. And that idea they had? It’s the financial phenomenon now called AfterPay, a revolutionary payment platform transforming the way people shop around the world.
60 Minutes Australia, May 23, 2021
How these Aussie neighbours became billionaires by outsmarting the big banks | 60 Minutes Australia
Seven years ago, Nick Molnar and Anthony Eisen were neighbours in Sydney. One day they got chatting, as good neighbours do, and came up with a simple idea that would ultimately outsmart greedy credit card companies and banks. Today Nick and Anthony are not only business partners, they’re billionaires. And that idea they had? It’s the financial phenomenon now called AfterPay, a revolutionary payment platform transforming the way people shop around the world.
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For forty years, 60 Minutes have been telling Australians the world’s greatest stories. Tales that changed history, our nation and our lives. Reporters Liz Hayes, Tom Steinfort, Tara Brown, Liam Bartlett and Sarah Abo look past the headlines because there is always a bigger picture. Sundays are for 60 Minutes.
PLEASE ALSO WATCH
How the pandemic made this 30-year-old Australia’s youngest self-made billionaire | CNBC Make It
CNBC International, Dec 8, 2020
30-year-old Australian entrepreneur Nick Molnar is credited with reinventing the spending habits of millions of millennials with his “buy now, pay later” payment platform. CNBC Make It’s Karen Gilchrist spoke to the Afterpay founder to hear how the pandemic turned him into a multibillionaire.
Disclaimer: Some of this footage was shot prior to the pandemic.
