According to the website:
We launched Money to help you know and feel money like never before. And while we will continue to play a role in changing the culture of personal finance for the better, our new relationship with Block means our focus is shifting in a new direction.
A direction which means the closure of Money by Afterpay.
We are humbled to have helped people on their money journey and connect with money stories like yours.
From 26 August 2022, we will no longer be taking new customers. If you are an existing customer, please follow the steps below before 10 October 2022 to prepare your account(s) for closure.