Sezzle provides a four‑installment, interest‑free buy now, pay later (BNPL) service for consumers and a merchant payment option for retailers. Consumers split purchases into four equal, no‑interest payments at checkout, while merchants pay Sezzle a fee to enable the option and reduce cart abandonment. Sezzle earns most of its revenue from merchant fees and operates as a Public Benefits Corporation and Certified B Corp, aligning financial goals with social impact. Its stated goal is to financially empower younger consumers and help merchants grow by offering accessible, flexible payments, supported by rapid growth in active users and merchants (3.4 million and 46,982 respectively, with $1.8 billion in underlying merchant sales).
Company Size
201-500
Company Stage
IPO
Headquarters
Minneapolis, Minnesota
Founded
2016
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