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Afterpay co-founder Nick Molnar wins 2018 Pearcey NSW ICT Entrepreneur of the Year Award



Sydney, Australia – 2 November 2018 – The Pearcey Foundation today announced Nick Molnar, co-founder and CEO of Afterpay, as the 2018 NSW ICT Entrepreneur of the Year Award winner.
 
Nick was presented with the award by David Thodey, Chair Jobs for NSW and Chair CSIRO. Nick’s company Afterpay is a leading Australian retail payments innovator and one of Australia’s fastest growing fintech companies.
 
The awards event was held last night at the Sydney Startup Hub in partnership with the Australian Computer Society (ACS) and with the support of UTS, WiseTechGlobal, the NSW Government through Jobs for NSW and the NSW Data Analytics Centre, Ribit and the ASX.
 
Deputy Premier and Minister for Small Business John Barilaro congratulated Mr Molnar as one of NSW's most successful fintech entrepreneurs.
 
"Nick Molnar is a worthy winner of the NSW Pearcey Award as a trailblazer in our state's tech industry," Mr Barilaro said.
 
"As co-founder of NSW fintech company Afterpay he has enjoyed strong success with the company named among the 'Leading 50' fintech companies in the world in the recent 2018 Fintech100 report by H2 Ventures and KPMG.
 
"NSW is home to 55 per cent of Australia's fintech companies and it’s innovators like Nick Nolnar and Afterpay who are driving rapid change and growth in our financial services sector.
 
“The NSW Government is investing heavily in the startup sector to create jobs and industries for the future, including through initiatives like Jobs for NSW and the Sydney Startup Hub and support for industry awards like this.”
 
NSW Hall of Fame
In addition to awarding Nick Molnar, the Pearcey Foundation also recognised the achievements of other NSW technology entrepreneurs at the event by inducting them into its NSW Hall of Fame: Adam Brimo, founder and CEO of OpenLearning; Silvia Pfeiffer, co-founder of Coviu; and Natalie Nguyen, founder and CEO of Hyper Anna.

The 2018 NSW Pearcey Awards event also featured a pitching competition between companies from incubators at NSW universities, and presentations by some of the finalists and winners in the NSW Young ICT Explorer initiative for school children.
 
About Nick Molnar
Nick is co-founder and CEO of Afterpay, a leading Australian retail payments innovator and one of Australia’s fastest growing fintech companies. Afterpay facilitates commerce between retail merchants and their end-customers - offering a ‘buy now, take now, pay later’ service that does not require end-customers to enter into a traditional loan or pay any upfront fees or interest to Afterpay. Afterpay has over 1.8 million customers and over 18,000 retailers on board including Myer, Officeworks, The Iconic, Rebel Sport, The Athlete’s Foot, Big W and Sephora. Afterpay listed on the Australian Securities Exchange in May 2016, and was recently listed at number 26 in the 2018 Fintech100, a list of leading global fintech innovators compiled by H2 Ventures and KPMG.

Prior to establishing Afterpay, Nick launched the leading American online jeweller, Ice.com, into Australia under the local brand Iceonline.com.au. Nick successfully grew Ice in Australia to become the largest online-only jewellery and watch retailer. 

Nick is a regular speaker at startup events, and has also been involved in high school entrepreneurship programmes.

For more information about previous NSW ICT Entrepreneur of the Year Award winners, go to https://pearcey.org.au/nsw.

The 2018 State Pearcey Award Winners
ACT: the 2018 ACT Chief Minister's Pearcey Entrepreneur Award was presented to Ken Kroeger on 4 September.
NSW: presented to Nick Molnar from Afterpay on 1 November.
QLD: won by Peter Laurie from Junta Pty Ltd on 10 October.
SA: presented to Tony Clark from Rising Sun Pictures on 28 August.
TAS: the 2018 Tasmanian Pearcey Award 2018 was presented to Dr Gary McDarby on 4 October.
VIC: awarded jointly to the co-founders of Rome2rio Bernie Tschirren and Michael Cameron on 28 August.
WA: awarded to Dr Mark Andrich as part of the WAITTA Incite Awards on 15 June.
 
2018 National Awards
The 2018 National Awards event, incorporating the Pearcey Medal and Pearcey Hall of Fame awards together with the Pearcey National Entrepreneur Award, was held on 1 November as part of ACS Reimagination 2018, at the Melbourne Convention and Exhibition Centre. The announcement on the national award winners can be found here: https://prwire.com.au/pr/80334.

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About the Pearcey Foundation
The Pearcey Foundation Inc. is a non-profit organisation established in 1998 to raise the profile of the Australian Information and Communications Technology (ICT) industry and profession. It was created in the memory of one of the greatest pioneers of the Australian ICT industry, Dr Trevor Pearcey. By celebrating the heroes in our industry, past, present and future, the Foundation is looking to attract and encourage young Australians into this most exciting of global high technology sectors of our nation.

Web: www.pearcey.org.au
Twitter: @Pearcey_org #pearceyawards #SydneyStartupHub
LinkedIn: Pearcey Foundation #pearceyawards #SydneyStartupHub