Afterpay co-founder Nick Molnar to leave Block

Detailed summary

Afterpay co-founder Nick Molnar will walk away from the company he co-founded 13 years ago and sold five years ago for $39 billion.

Afterpay co-founder Nick Molnar is stepping away from the buy now, pay later business and its US parent Block after 13 years, saying he wants to focus on his family.

Molnar, who founded Afterpay with business partner Anthony Eisen in 2014, announced his departure in a LinkedIn post on Friday (Saturday AEDT), saying he would wrap up at the end of the year.

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