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Australia
2014 (12 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Afterpay
Company Information
Get to know Afterpay
Founded in Sydney, Australia, in 2014 by Nick Molnar and Anthony Eisen, Afterpay pioneered the modern "buy now, pay later" model. The platform integrates with retailers' online and in-store checkouts, allowing consumers to receive their products immediately while spreading the cost over four equal, interest-free payments made every two weeks. The company's mission is to power an economy where everyone wins by connecting retailers and shoppers in a way that is fair and simple. In January 2022, Afterpay was acquired by Block, Inc. (formerly Square, Inc.), and now operates as part of Block's ecosystem alongside Square and Cash App.
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