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Sezzle is the highest consumer-rated buy now, pay later solution, enabling over 1 million active users in the United States and Canada to take control of their spending, be more responsible, and gain access to financial freedom. With over 10,000 retail partners on its platform, Sezzle's core product allows consumers to split their purchases into four interest-free payments over six weeks, which increases their purchasing power and offers them a built-in way to budget their purchases. Approval is instant and consumers' credit scores are never negatively impacted.Sezzle was founded with the mission to financially empower the next generation through building the most transparent, inclusive, and seamless payments option for online purchases. Sezzle is publicly listed on the Australian Securities Exchange ("ASX") under the ticker SZL. As a public company, Sezzle has raised over US$ 147 million in debt and equity capital to date.
Sezzle is a payment platform that enables direct bank-to-bank transfer of money between consumers and businesses. It provides an API that enables web- and mobile-based ACH payments, with an aim to reduce the cost of regular payment transactions.
PRODUCTS & SERVICES
Web and mobile-based payment platform for businesses.
The company earns revenue by charging a processing fee of 1.5% + 15 cents per transaction.
Sezzle Pay leverages ACH payments for online and mobile purchases.
DATE OF LAST FUNDING
TOTAL FUNDING COMMENT
The company is planning to use the fund to grow its volume with existing and new merchant partners. (Nov. 2018)
SEED & PRIOR FUNDING
SEED CLOSED ON
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