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// HALL OF FLAME · STARTUP AUTOPSY
Founded2014
Closed2022
CountryAustralia
SectorFintech
Total raisedPublic (ASX)
FounderNick Molnar

Afterpay (Block acquisition)

"Australia's BNPL pioneer. Block acquired it for $29B. Rate rises cut valuation 80%."

—
RAISED
—
EMPLOYEES
96
MONTHS
acquisition gone wrong
🔥 Hall of Flame 65%🏆 Hall of Fame 35%

Afterpay was Australia's BNPL pioneer, reaching A$39B market cap.

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More Fintech →More from Australia →More acquisition gone wrong failures →Raised: Public (ASX)
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// THE FINTECH GRAVEYARD DOESN'T END HERE

Afterpay (Block acquisition) followed a documented pattern. Identify the same signals in any company before they reach the point of no return.

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