Quadpay co-founder Brad Lindenberg has kept a low profile compared with fellow eastern suburbs fintech entrepreneurs, but he is set to become one of the best housed, given he is said to have bought designer digs in Bellevue Hill for $26.5 million.
The buy now, pay later fintech sector has given rise to a few notable home purchases in Sydney in recent years, such as the $45 million consolidation of apartments at North Bondi by Afterpay co-founder Nick Molnar and David Hancock’s $14 million Paddington compound.
The Luigi Rosselli-redesigned residence was sold by Nick and Emma Leos for $26.5 million.
But Lindenberg is no Afterpay alumni. He co-founded the US-based Quadpay with Adam Ezra – both Moriah College alumni – in 2018, but has left the company following its acquisition by local BNPL platform Zip Co in a deal worth $403 million.
Having returned to Sydney since then, Lindenberg and wife Lori have been renting in North Bondi, but sources say he has bought the trophy home of Melbourne-bound construction boss Nick Leos and his wife Emma.
Brad Lindenberg co-founded Quadpay.Credit:
This is the grand 1930s-built residence that was redesigned by architect Luigi Rosselli when owned by fashion designer Camilla Freeman-Topper and bought by the Leos family in 2018 for $16.5 million.
Despite its more lofty recent sale price of $26.5 million, it was a good purchase by Lindenberg. It was for sale with $38 million hopes this year, but did not sell, and the listing was handed to The Agency’s Steven Chen with a revised $28 million guide.
Confirming the exact sale figure will need to await settlement, however, given Chen refuses to be drawn on that.
Meanwhile, Luke Bortoli, former chief financial officer at Afterpay and now on the board of Beforepay, has listed his Tamarama home for $6 million.
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