Search company, investor...

Founded Year



Acq - P2P | Acquired



About Afterpay

Afterpay offers a financial technology company. It allows users to maintain financial wellness and control by splitting payments. It offers payment in interest-free installments and rewards enabling retailers to provide a customized shopping experience to their customers. The company was founded in 2014 and is based in Melbourne, Australia. In February 2022, Afterpay was acquired by Block.

Headquarters Location

406 Collins Street

Melbourne, Victoria, 3000,


+61 (0)1300 100 729



Expert Collections containing Afterpay

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Afterpay is included in 5 Expert Collections, including Store tech (In-store retail tech).


Store tech (In-store retail tech)

1,582 items

Companies that make tech solutions to enable brick-and-mortar retail store operations.


Digital Lending

2,368 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.



2,780 items

Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.


Conference Exhibitors

5,302 items



12,502 items

Excludes US-based companies

Afterpay Patents

Afterpay has filed 4 patents.

The 3 most popular patent topics include:

  • payment systems
  • banking technology
  • concurrency control
patents chart

Application Date

Grant Date


Related Topics




Transaction processing, Data management, Payment systems, Database management systems, Databases


Application Date


Grant Date



Related Topics

Transaction processing, Data management, Payment systems, Database management systems, Databases



Latest Afterpay News

BNPL growth decelerates: Bank of America

Dec 7, 2023

The growth rate in the number of shoppers downloading buy now, pay later apps shrunk for this year’s Thanksgiving shopping weekend compared to 2022. Published Dec. 5, 2023 By Tatiana Walk-Morris Shoppers walk around Twelve Oaks Mall on November 24, 2023 in Novi, Michigan. Emily Elconin via Getty Images First published on Dive Brief: During the Black Friday through Cyber Monday period in November, buy now, pay later app downloads among U.S. consumers declined 4.5% from last year, reversing course from last year’s 4.4% year-over-year growth over 2021, according to a Bank of America analysis shared with Payments Dive. Globally, the number of buy now, pay later daily active users rose 12% month-over-month between Black Friday and Cyber Monday last month, compared to the same week in October. That increase was lower than the 16% increase last year for the same month-over-month comparison, according to the report. For the week that included Black Friday and Cyber Monday this year, from Nov. 20 through Nov. 27, worldwide buy now, pay later downloads spiked 64% on a month-over-month basis to 1.6 million, according to the report, which cited data from research firm SensorTower. That was a smaller increase than the 68% month-over-month growth last year, the report said. Dive Insight: Buy now, pay later is point-of-sale financing  that lets consumers buy a product or service and then pay for it over time, typically six weeks, in some cases without paying interest on the loan. Bank of America’s report builds on research indicating that consumers turned to buy now, pay later platforms during the Thanksgiving shopping weekend. Adobe Analytics’ analysis of e-commerce data found that spending via BNPL payment platforms rose 42.5% year-over-year. Adobe estimates this year will be a record-setting one for installment payment providers. Though BNPL providers saw sizable growth during the Thanksgiving Day holiday weekend compared to the same week in the prior month, those gains were lower than the previous year. In the U.S. market, Block’s Afterpay had the most downloads during the Thanksgiving holiday weekend this year, the report said. Nonetheless, Afterpay last year more than doubled its downloads for the period (104%) compared to October, but that growth rate shrank to 63% this year, according to Bank of America’s report. Similarly, rival Affirm experienced a 90% rise in its U.S. downloads month-over-month during Thanksgiving weekend in 2022, with a slowing of that rate to 77% this year, the report’s data showed. Conversely, the smaller players saw their month-over-month growth with U.S. consumers increase this year compared to last year. While Sezzle saw its U.S. downloads rise 38% month-over-month during Thanksgiving weekend in 2022, that growth rose to 60% in 2023. Zip grew month-over-month U.S. downloads from 60% in 2022 to 85% in 2023, according to the report. Globally, the Swedish BNPL player Klarna had the most user downloads for the holiday shopping period, with 727,478 downloads, according to the BofA data. Unlike its large U.S. rivals, its growth rate in the global market climbed for the holiday week this year, rising to 60% from 57% last year. Though the holiday shopping period gave a boost to buy now, pay later companies, industry analysts are concerned about the long-term health of the payment segment. Last month, the credit rating agency Moody’s Investors Service released a report predicting that few buy now, pay later firms “will remain independent.” With declining interest from investors and an intensifying regulatory environment, the report predicts that some firms will close and others might be acquired. In a November interview with Payments Dive , Niclas Boheman, vice president and senior credit officer at Moody’s, noted that BNPL firms will need to adjust to regulations across different jurisdictions. New regulations will likely slow the rollout of new products or product changes, Boheman predicted. “Ultimately, it can mean that they would be accountable for their actions and potentially receiving fines if they are unable to follow all of the extra regulation,” Boheman told Payments Dive. “So that means it becomes quite a costly set-up for them.” Despite the data, the BofA analysts remain confident some BNPL providers will prevail. “We remain positive on the long-term prospects for the BNPL industry, as the product represents a genuine value proposition for both consumers (an easy-to-use and often interest-free form of installment payments that can enhance purchasing power) and merchants (who benefit from incremental sales enabled by BNPL),” the report said. “We continue to believe there will be multiple long-term winners within the BNPL industry.” Recommended Reading

Afterpay Frequently Asked Questions (FAQ)

  • When was Afterpay founded?

    Afterpay was founded in 2014.

  • Where is Afterpay's headquarters?

    Afterpay's headquarters is located at 406 Collins Street, Melbourne.

  • What is Afterpay's latest funding round?

    Afterpay's latest funding round is Acq - P2P.

  • Who are the investors of Afterpay?

    Investors of Afterpay include Block, Mitsubishi UFJ Financial Group, Tencent, Coatue and Plug and Play Accelerator.

  • Who are Afterpay's competitors?

    Competitors of Afterpay include Tamara, Zilch, Anyday, Sunbit, Soisy and 7 more.


Compare Afterpay to Competitors

Klarna Logo

Klarna provides financial services and social shopping solutions. The company offers a platform to compare prices on a wide range of products from various stores, enabling consumers to find the best deals. Its services are primarily used by consumers and retailers in the electronic commerce industry. It was founded in 2005 and is based in Stockholm, Sweden.


Scalapay provides payment solutions for customers. It allows customers to pay for their purchases in three installments, with no interest or fees. It allows users to buy beauty products, electronic products, sportswear products, and more. Scalapay was founded in 2019 and is based in Milan, Italy.

Wisetack Logo

Wisetack provides financing for services enabling businesses to work on their customer experiences. Its application program interface (API) enables financing options into software platforms for day-to-day operations. Its platform allows customers to make payments in installments. It serves its solutions for home services, auto repair, medical, and other sectors. The company was founded in 2018 and is based in San Francisco, California.

Butter Logo

Butter is a company that focuses on financial services in the ecommerce sector. It offers a service that allows customers to make online purchases and pay for them over time, including for items such as travel, fashion, tech, and home goods. The company primarily serves the ecommerce industry. Butter was formerly known as Awaymo. It was founded in 2017 and is based in London, England.


Anyday provides an e-commerce platform. The platform retails footwear, cosmetics, furniture, and more. It also allows its users to split payments. The company was founded in 2020 and is based in Aarhus, Denmark.

Fly Now Pay Later Logo
Fly Now Pay Later

Fly Now Pay Later is a company that operates in the travel tech industry, focusing on providing flexible payment options for travel expenses. The company's main service is to allow customers to book their vacations, including flights, hotels, and package holidays, and pay for them in monthly installments. This service is primarily offered to the travel industry. It was founded in 2013 and is based in London, England.


CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.