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 purpose-driven fintech and Buy Now, Pay Later (BNPL) platform whose news flow centers on product innovation, financial performance, capital allocation, and its mission of financial empowerment. As a digital payment platform offering point-of-sale financing options and digital payment services, Sezzle regularly issues updates on how its tools are evolving to support both consumers and merchants.
News about Sezzle often highlights quarterly earnings results, including changes in Gross Merchandise Volume (GMV), total revenue, operating income, and non-GAAP metrics such as adjusted net income and Adjusted EBITDA. These releases are typically accompanied by conference call announcements and investor presentation references, giving context on how the company views its growth, transaction-related costs, and operating efficiency.
Another major theme in Sezzle’s news is product and feature launches within its app. Recent announcements have covered the rollout of Sezzle Balance, Express Checkout, a browser extension, a Products Tab, Wishlist, price comparison tools, and an Earn Tab that aggregates experiences like Sezzle Arcade, coupons and discounts, and MoneyIQ. The company also reports on MoneyIQ’s progress as an in-app financial literacy program and on Sezzle Up, which allows users to build credit history through voluntary credit reporting.
Sezzle’s news feed also includes merchant and partnership updates, particularly around the holiday shopping season, where the company discusses new retailer additions, expanded verticals such as fashion, sporting goods, beauty, fitness, and digital content, and survey data on shopper behavior and price sensitivity. Capital markets updates, such as stock repurchase program authorizations and changes to credit facilities, appear in both press releases and related Form 8-K filings.
Investors and observers who follow Sezzle’s news can track how the company balances growth, financial discipline, and its stated goal of financially empowering the next generation, while also monitoring developments like index inclusion in the S&P SmallCap 600 and corporate governance decisions.
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.
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%.
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.
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.
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.
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.
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.
Sezzle Inc. (NASDAQ: SEZL), a leading Buy Now, Pay Later (BNPL) platform, has launched Spanish-language capabilities for its app and checkout process. This strategic move aims to enhance financial inclusivity for over 40 million Spanish-speaking Americans. The initiative addresses the needs of a significant portion of Sezzle's user base, with 22% of its users speaking Spanish at home.
By eliminating language barriers, Sezzle seeks to provide Spanish-speaking consumers with better tools for financial management and access to BNPL services. This development comes at a important time, as the Spanish-speaking population in the US faces challenges in financial inclusion, credit accessibility, and financial literacy. Sezzle's Spanish-language interface aims to offer user-friendly and transparent financial solutions tailored to this demographic's needs.
Sezzle (NASDAQ: SEZL), a prominent Buy Now, Pay Later (BNPL) solution provider, has announced a strategic partnership with Heritage Grocers Group. This collaboration extends Sezzle's payment solutions to Heritage Grocers Group's 115 stores across various banners: Cardenas Markets, El Rancho Supermercado, Tony’s Fresh Market, and Los Altos Ranch Market.
The partnership arrives amid a 40% annual increase in grocery purchases via BNPL, indicating high consumer demand for flexible financing options. This move will allow shoppers to spread out grocery payments, enhancing financial flexibility for many households.
Sezzle's President, Paul Paradis, and Heritage Grocers Group's COO, Prabash Coswatte, emphasized the collaboration's potential to improve customer budget management and convenience. This initiative strengthens Sezzle's position in the BNPL sector and marks another milestone in its expansion into the grocery market.
Sezzle, a leading Buy Now, Pay Later (BNPL) provider, has expanded its Payment Streaks program to Canadian users. The program, which rewards users for making timely payments, promotes financial responsibility and enhances customer experience. By successfully making payments on or before their due dates, users accumulate streak points that enable them to advance through loyalty tiers within a rolling 90-day window. Failed payments can be resolved the same day to maintain tier status. Benefits of the program include monthly giveaways and referral bonuses. The Payment Streaks program is available to U.S. and Canadian users (excluding Quebec) via the Sezzle app.