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Sezzle Inc. - SEZL STOCK NEWS

Welcome to our dedicated page for Sezzle news (Ticker: SEZL), a resource for investors and traders seeking the latest updates and insights on Sezzle stock.

Sezzle Inc. (NASDAQ: SEZL) is a pioneering fintech company dedicated to improving financial accessibility through its innovative payment platform. Founded in 2016, Sezzle allows consumers to split their purchases into four equal, interest-free installments, payable over six weeks. With only the first payment due at the time of purchase, this 'Buy Now, Pay Later' (BNPL) solution has gained significant traction among consumers seeking budget-friendly payment options.

Sezzle's platform is designed to empower users to manage their finances more effectively, offering features like Sezzle Up, which reports payment history to credit bureaus, helping customers build their credit scores. The service is available for both online and in-store purchases, making it versatile and convenient for diverse shopping preferences.

Sezzle's commitment to financial empowerment and responsible spending has led to numerous strategic partnerships. Most notably, the company has teamed up with Sportsman's Warehouse to offer its flexible financing solution, enhancing consumers' purchasing power just in time for the holiday season. This partnership underscores Sezzle's expansion into the outdoor retail market, providing customers with a seamless shopping experience for their outdoor gear needs.

The company's recent financial highlights include the successful refinancing of its credit facility with Bastion Management, boosting Sezzle's liquidity and supporting future growth initiatives in the U.S. and Canadian markets. Additionally, Sezzle's inclusion in the Russell 2000® and Russell 3000® indexes marks a significant milestone, reflecting its growing market presence and investor recognition.

Sezzle is committed to maintaining the highest standards of security and transparency. The platform ensures a secure transaction process, protecting user data with robust security measures. As a certified B Corporation, Sezzle is also dedicated to making a positive social impact, aligning its business practices with broader societal goals.

Sezzle's easy and quick sign-up process, transparent terms, and interest-free payment plans make it an attractive option for consumers looking to manage their spending without incurring additional costs. By continuously innovating and expanding its offerings, Sezzle aims to be at the forefront of the BNPL industry, driving financial inclusivity and helping consumers regain control over their financial futures.

For the latest updates and more information on Sezzle's performance, news, and developments, visit Sezzle News.

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Sezzle (NASDAQ: SEZL), a flexible payments industry leader, has announced its participation in the upcoming 27th Annual Needham Growth Conference on January 16, 2025. Key company executives, including Chairman and CEO Charlie Youakim, CFO Karen Hartje, and SVP of Corporate Development and Investor Relations Lee Brading, will be attending the conference.

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Sezzle (NASDAQ: SEZL) has announced a strategic partnership with Bealls Inc., integrating its Buy Now, Pay Later (BNPL) payment solution across Bealls' online platform and 650+ physical stores. The partnership launches ahead of the holiday season, where BNPL services are seeing increased demand. According to a November 2024 Sezzle survey, over 50% of shoppers plan to increase their holiday spending using BNPL options.

The collaboration enables customers to split purchases into interest-free installments over six weeks. Last year's holiday season saw $16.6 billion in online BNPL purchases, marking a 14% year-over-year increase. Recent surveys indicate that 43% of consumers consider BNPL availability when choosing retailers, and 67% of parents plan to use BNPL for holiday purchases.

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Sezzle (NASDAQ:SEZL) has announced a partnership with Rural King, America's Farm and Home Store, to provide flexible payment solutions across all 130 store locations and online platforms. The partnership enables Rural King customers to utilize Sezzle's Pay-in-4 interest-free financing option for their purchases. This launch is strategically timed for the holiday season, following significant growth in Buy Now, Pay Later services, which saw a 47% increase on Black Friday and 42.5% rise on Cyber Monday in 2023, with $940 million in purchases made through these services on Cyber Monday alone.

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Sezzle (NASDAQ:SEZL) announced a new partnership with Backcountry, replacing their previous BNPL provider across all Backcountry brands, including Steep & Cheap, Competitive Cyclist, and MotoSport. The partnership was driven by Sezzle's superior approval rates and ability to serve diverse customer profiles. Backcountry customers will be able to split purchases into four interest-free payments over six weeks. The collaboration aims to enhance shopping experience and drive higher conversion rates both online and in-store.

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Sezzle (NASDAQ:SEZL) reported strong Q3 2024 results with significant growth across key metrics. Underlying Merchant Sales increased 40.6% YoY to $659.9 million, while Total Revenue grew 71.3% YoY to $70.0 million. The company achieved record Operating Income of $20.8 million, up 289.6% YoY, and Net Income of $15.4 million ($2.62 per diluted share). Sezzle launched a banking program with WebBank and introduced On-Demand, a Pay-in-4 product. The company raised its FY2024 guidance, now expecting Net Income of $71.5 million and Total Revenue growth of 55%.

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Sezzle (NASDAQ: SEZL) announces a strategic partnership with Shoplazza, an e-commerce platform, to provide Buy Now, Pay Later (BNPL) solutions to US merchants. The integration enables Shoplazza merchants to offer flexible payment options including Pay in 4 and Pay in 2 loans issued by WebBank. The partnership aims to drive incremental sales, increase Average Order Value (AOV), boost cart conversion rates, and build customer loyalty. Additionally, through Sezzle Up, consumers can opt for credit reporting to improve their credit performance while managing finances.

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Sezzle Inc. (NASDAQ:SEZL), a purpose-driven digital payment platform, has announced it will release its third quarter 2024 results after the market close on November 07, 2024. The company will host a conference call at 5:00pm ET on the same day. Participants can register for the call at https://dpregister.com/sreg/10193861/fdcca5b749 and will receive their dial-in number upon registration.

Investors are encouraged to submit questions in advance by emailing investorrelations@sezzle.com. Sezzle, a certified B , offers installment plans online and in-store, aiming to increase purchasing power for consumers and promote financial empowerment.

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The Minnesota Timberwolves have announced a multi-year partnership with Sezzle (NASDAQ: SEZL), naming the Minneapolis-based fintech company as their 'Official Jersey Patch Partner'. This marks Sezzle's first venture into sports partnerships with an NBA team. The collaboration includes:

1. Sezzle's logo on Timberwolves jerseys, debuting in the 2024-25 preseason opener

2. Designation as the season presenting partner

3. In-arena signage and promotions

4. Community events

5. Involvement with the Minnesota Lynx, including on-court promotions and digital content

Sezzle, known for its Pay in 4 payment platform, aims to expand its consumer base through this partnership, while the Timberwolves seek to leverage Sezzle's financial technology expertise.

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Sezzle Inc. (NASDAQ:SEZL) reported strong Q2 2024 results, raising its FY24 guidance. Key highlights include:

- Underlying Merchant Sales (UMS) up 38.9% YoY to $532.2 million
- Total Revenue grew 60.2% YoY to $56.0 million
- Net Income reached $29.7 million, including a $16.8 million tax benefit
- Adjusted Net Income at $13.1 million, or 23.3% of Total Revenue

The company raised its FY2024 guidance, now expecting Total Revenue growth of 35%-40% YoY and Net Income of $55.0 million. Sezzle also completed its $20.0 million stock repurchase plans and is nearing completion of a bank sponsor partnership, anticipated to launch in Q4 2024.

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Sezzle Inc. (NASDAQ:SEZL), a purpose-driven digital payment platform, has announced it will release its second quarter 2024 financial results after the market close on August 07, 2024. The company will host a conference call at 5:00pm ET on the same day to discuss the results. Investors can register for the call at the provided link and are encouraged to submit questions in advance via email. This announcement provides an opportunity for shareholders and analysts to gain insights into Sezzle's performance and future outlook.

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FAQ

What is the current stock price of Sezzle (SEZL)?

The current stock price of Sezzle (SEZL) is $278.69 as of January 3, 2025.

What is the market cap of Sezzle (SEZL)?

The market cap of Sezzle (SEZL) is approximately 1.5B.

What is Sezzle Inc.?

Sezzle Inc. is a fintech company that offers a 'Buy Now, Pay Later' platform allowing consumers to split their purchases into four interest-free installments.

How does Sezzle's payment platform work?

Sezzle's platform allows users to split their purchase into four equal payments over six weeks, with the first payment due at the time of purchase.

What recent partnerships has Sezzle announced?

Sezzle recently partnered with Sportsman's Warehouse to offer its BNPL service, enhancing consumers' purchasing power for outdoor gear.

How does Sezzle help users build credit?

Sezzle offers a feature called Sezzle Up, which reports payment history to credit bureaus, allowing users to build their credit scores with on-time payments.

Is Sezzle available for both online and in-store purchases?

Yes, Sezzle's payment platform can be used for both online and select in-store purchases.

What security measures does Sezzle implement?

Sezzle ensures secure transactions by using robust security measures to protect customer information.

What is Sezzle's mission?

Sezzle's mission is to financially empower the next generation by providing transparent and inclusive payment solutions.

What significant financial milestones has Sezzle achieved recently?

Sezzle has successfully refinanced its credit facility with Bastion Management and has been included in the Russell 2000® and Russell 3000® indexes.

How do I sign up for Sezzle?

Signing up for Sezzle is quick and easy, taking only a few minutes with near-instant approval decisions.

Where can I find more information on Sezzle's news and updates?

For the latest updates and news about Sezzle, visit their news page at https://my.sezzle.com/news/.
Sezzle Inc.

Nasdaq:SEZL

SEZL Rankings

SEZL Stock Data

1.53B
2.22M
60.49%
18.04%
2.85%
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