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Anthony Eisen
Australian FinTech entrepreneur
Anthony Eisen is an Australian FinTech entrepreneur who co-founded Afterpay, a pioneering "buy now, pay later" platform, in 2014 with Nick Molnar.2 He currently serves as the Co-CEO of Afterpay and Co-Lead of Afterpay at Block, Inc.
Career Highlights
Early Career:: Eisen's professional journey began as a chartered accountant before transitioning into investment banking, where he specialized in mergers and acquisitions.2 He later worked at Guinness Peat Group as Chief Investment Officer, gaining valuable experience in building and running companies.1
Afterpay:: In 2014, Eisen and Molnar launched Afterpay to address the issue of consumers not always having the full amount to purchase items upfront.1 The platform allows customers to "buy now" and "pay later" in installments without interest charges.1 Afterpay quickly became a disruptive force in retail, particularly appealing to millennials and Gen Z consumers who prefer a cashless, credit-free lifestyle.3
Business Philosophy:: Eisen's approach to business is reflected in his quote: "When you find a way to trust people in the right environment, you end up realizing very quickly that the cost of mistrust is significantly greater than its value".1 This philosophy underpins Afterpay's customer-centric model.
Afterpay's Success and Acquisition
Under Eisen's leadership, Afterpay experienced rapid growth and success:
- Listed on the Australian Securities Exchange in 20165
- Expanded globally, attracting 16.2 million customers3
- Acquired by Square Inc. (now Block, Inc.) in August 2021 for US$29 billion2
Following the acquisition, Eisen and Molnar jointly lead Afterpay's merchant and consumer businesses within Block, Inc.2
Personal Life and Net Worth
Eisen is married to Samantha, an interior designer.2 His net worth has fluctuated over the years:
| Year | Net Worth (AUD) | |------|-----------------| | 2020 | $1.86 billion | | 2021 | $2.66 billion | | 2023 | $1.26 billion |
As of May 2023, the Australian Financial Review assessed Eisen's net worth at A$1.26 billion on the 2023 Rich List.2
Anthony Eisen's LinkedIn username is anthony-eisen-a8613814, as mentioned in the query.4