Full-Time
Confirmed live in the last 24 hours
Buy now, pay later payment solutions
$50k - $120k/yr
Senior, Expert
Remote in UK
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 committed to creating a positive societal impact as a Public Benefits Corporation and a Certified B Corp. 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. The goal of Sezzle is to empower the next generation financially while facilitating transactions between consumers and merchants.
Company Size
201-500
Company Stage
IPO
Headquarters
Minneapolis, Minnesota
Founded
2016
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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
Earnings season is nearing its end, and in a week that saw 10 of 11 of the pillars in the CE 100 Index gain ground, management continued to take note of resilient consumer spending, while at the same time asserting that the current and future trends for that spending pace remain uncertain. The only pillar that declined was the Be Well segment, which gave up 2.5%. Peloton shares lost more than 9%. Peloton Interactive’s latest results indicated year-over-year growth in running workouts (5%) and walking workouts (11%) engagement. Paid Connected Fitness subscriptions ended the quarter at 2.88 million, a 6% decline year over year. However, subscription churn improved to 1.2% in Q3, down from 1.4% in Q2, according to the company’s shareholder letter
Fresh off Tuesday’s announcement that the Consumer Financial Protection Bureau (CFPB) would not treat buy now, pay later (BNPL) companies like credit card networks, Sezzle’s first quarter 2025 results highlight a company in the midst of rapid transformation, with nonfinancial developments signaling a strategic pivot toward deeper consumer engagement and platform innovation.The Minneapolis-based BNPL provider rolled out several new features this quarter, including a Pay-in-5 beta program, enhanced shopping tools such as price comparison, wish lists, and auto-applied coupons, as well as the Money IQ financial education module.These initiatives are designed to personalize the shopping experience, boost user retention, and reinforce Sezzle’s positioning as a purpose-driven FinTech platform. The company also expanded its merchant network, signing on notable partners like Scheels and Whomp It, and strengthened its online communities to foster customer loyalty and financial literacy.On the financial front, Sezzle posted standout results on Wednesday (May 7). Gross merchandise volume (GMV) surged 64.1% year over year to $808.7 million, fueled by increased subscriber and on-demand user engagement. Total revenue climbed 123.3% to $104.9 million, marking a new quarterly high, while net income more than quadrupled to $36.2 million, or $1.00 per diluted share.Operating efficiency improved, with total operating expenses dropping to 52.4% of revenue — an 18.2-point improvement from the prior year. Consumer purchase frequency rose sharply to 6.1 times per year, up from 4.5, reflecting stronger engagement and higher lifetime value per user.Despite a typical seasonal decline in monthly On Demand and subscribers to 658,000 from 707,000 in Q4, the company’s raised guidance, boosting its 2025 net income forecast by nearly 50% to $120 million, underscores management’s confidence in sustaining momentum.Sezzle’s robust cash position ($120.9 million in cash and equivalents) and ongoing investments in innovation and user experience position the company for continued growth in the competitive BNPL landscape.During the Q&A, CEO Charlie Youakim highlighted Sezzle’s push toward enterprise-level merchants, noting, “We tend to focus more towards enterprise-level merchants now, although we do have a mid-size funnel as well … but it is definitely a focus towards the larger side of the equation.” He also pointed to new verticals, such as grocery, where BNPL adoption has lagged, as areas of recent traction.Youakim addressed the company’s On Demand product, reporting “monthly sequential growth right now, which tells you we’ve got a really a winner of a product on that.” He explained that On Demand’s lower barrier to entry is bringing more consumers into the funnel, with gross margin per user comparable to Sezzle’s premium subscription. This cross-sell opportunity is helping drive engagement and conversion to higher-value products.On credit quality, Youakim emphasized a balanced approach: “We know our profitability levels are a lot stronger year over year … so if you know that your top line’s at a higher level, you can accept a little bit of a higher cost to still hit the same gross margin.“But trust me, we’re not trying to just open up to grow volumes
Minneapolis, MN, April 30, 2025 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ: SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, has scheduled its 2025 Annual Meeting of Stockholders for June 10, 2025, at 5:00 pm ET. The meeting will be conducted exclusively online via live webcast. Additional details regarding the Annual Meeting will be provided in Sezzle’s definitive proxy statement.Quarterly Earnings ReleaseSezzle will release its first quarter 2025 results after the market close on May 7, 2025, and will host a conference call and webcast to discuss the results at 5:00 pm ET that same day. Participants can register for the conference call or webcast by navigating to: https://dpregister.com/sreg/10198853/feef6e099b.Upcoming Investor ConferencesIn conjunction with the earnings call, the Company will release its presentation on the Sezzle Investor Relations website prior to the call. Please navigate to the Sezzle Investor Relations website to access the presentation that management will review during the call.Following the release of its first quarter 2025 results, the Company will participate in the following investor conferences:May 12, 2025: 20 th Annual Needham Technology, Media, & Consumer 1×1 Conference.Annual Needham Technology, Media, & Consumer 1×1 Conference
Roughly two years ago, PYMNTS Intelligence, working in collaboration with Sezzle, found that 80 million U.S. consumers lacked reliable access to credit, which means that they’d been rejected upon applying for credit at least once in the then-recent past. The read across has been that about 69% of the population can get credit on demand, [] The post Alternative Data Boosts Credit Access as New Legislation Emerges appeared first on PYMNTS.com.
The majority of names in the FinTech IPO Index traded lower through a tumultuous five sessions of stock market activity that was dominated by tariffs. But, when you have a company whose shares spike more than 820%, that’s enough to move the whole group upward. That was the case this last week, as the overall Index surged 13.8%. Janover was the standout here, leaping a staggering 827%