Sezzle

Sezzle

Buy now, pay later payment solutions

About Sezzle

Simplify's Rating
Why Sezzle is rated
B-
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

201-500

Company Stage

IPO

Headquarters

Minneapolis, Minnesota

Founded

2016

Overview

Sezzle operates in the buy now, pay later (BNPL) market, allowing consumers to purchase products and split the cost into four interest-free payments. This service is designed to help younger consumers manage their finances by providing flexible payment options. For merchants, Sezzle offers a payment solution that can increase sales and reduce cart abandonment rates. The company generates revenue through fees charged to merchants for processing transactions, which are justified by the increased customer acquisition and sales that merchants experience. Sezzle is a Public Benefits Corporation and a Certified B Corp, emphasizing its commitment to creating a positive societal impact while empowering the next generation financially. With 3.4 million active consumers and nearly 47,000 active merchants, Sezzle has reported significant growth, with $1.8 billion in underlying merchant sales in the past year.

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Simplify's Take

What believers are saying

  • Sezzle's revenues doubled during the holiday season, indicating strong BNPL demand.
  • The introduction of Sezzle On-Demand caters to consumers seeking flexible payment options.
  • Sezzle's active customer base grew by 4.8%, showing successful market penetration.

What critics are saying

  • Increased competition from major BNPL players like Afterpay and Klarna.
  • Potential regulatory scrutiny on BNPL services could impact Sezzle's operations.
  • Economic uncertainty may lead to reduced consumer spending, affecting transaction volumes.

What makes Sezzle unique

  • Sezzle is a Certified B Corp, emphasizing social impact alongside business goals.
  • The company offers interest-free payments, appealing to younger, budget-conscious consumers.
  • Sezzle's platform includes unique features like 'deal discovery' and auto-applied coupons.

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Funding

Total Funding

$874.4M

Above

Industry Average

Funded Over

6 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Comprehensive Benefit Plans

Generous Parental & Family Leave

Competitive 401k Match

Paid Time Off & Volunteer Time Off

Ownership Through Equity

100% of Donations to Charity Matched

Work from Home Stipend

Highly Discounted Fitness Membership

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

-3%
PYMNTS
Apr 7th, 2025
Ce 100 Index Sinks 9.9% On Tariff Worries And Payment Names Plunge

In a week of historic stock trading, where we haven’t seen plunges of this magnitude in five years, it’s easy to count the number of CE 100 Index names that finished in the green. Because they could be counted on one hand. Healthcare stocks like McKesson and United Healthcare were up 2.3% and 1.8% respectively. Ahold [] The post CE 100 Index Sinks 9.9% on Tariff Worries and Payment Names Plunge appeared first on PYMNTS.com.

Marissa's Bling on a Budget
Mar 25th, 2025
Sezzle: Shop Now, Pay Later - The Smarter Way to Shop

That's why Marissasblingonabudget has teamed up with Sezzle to bring you a smarter, more flexible way to pay for the things you love.

The Fintech Times
Mar 18th, 2025
Sezzle Unveils New Features to Help Online Shoppers Maximise Savings

Sezzle has unveiled a new 'deal discovery' feature, alongside auto-applied coupons and price drop notifications to its app, which all aim to help shoppers take advantage of savings.

PYMNTS
Mar 14th, 2025
Update: As Markets Enter Correction Territory, Fintech Ipo Index Plunges 4.8%

Markets were awash in a sea of red this past week, and the broader gauges, such as the Dow and the SP 500 Stock Index, have touched correction territory, down at least 10% from their peaks. The FinTech IPO Index fared no better through the past five days, sinking 4.8%, and there were few positive returns to be seen among the downdraft. Macro concerns — particularly on tariffs and the as-yet-untold impact of a trade war — ruled the week. Financial sector names were among the hardest hit, particularly those with a presence in crypto markets, and Robinhood’s shares were more than 19.5% lower

Digital Transactions
Mar 13th, 2025
MTech Mobility's New Touchtab and other Digital Transactions News briefs from 3/13/25

Buy now, pay later provider Sezzle Inc. announced new app features including auto-applied coupons, notifications of price drops, and smoother discovery of deals.

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Sezzle is Hiring for 1 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Sezzle's jobs every few hours, so check again soon! Browse all jobs →

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