Sezzle (SEZL)
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Buy Now, Pay Later Sezzle Expands Payment Streaks Program to Canadian Users
Newsfilter· 2024-06-27 12:04
The Payment Streaks program empowers Sezzle users by introducing a gamification approach to responsible payment behaviors. Each successful payment made on or before its scheduled due date contributes to the user's payment streak. As users accumulate streaks of on-time payments within a rolling 90-day window, they qualify for advancement to higher loyalty tiers. Key Features of Payment Streaks: Certain payments, such as those that are failed, resolved, rescheduled, or associated with refunded or canceled ord ...
Sezzle Authorizes New $15 Million Stock Repurchase Program
Newsfilter· 2024-06-20 12:18
Minneapolis, MN, June 20, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, today announced that the Company's Board of Directors (the "Board") has authorized the repurchase of an additional $15.0 million of the Company's common stock after completing its $5.0 million stock repurchase plan announced on December 22, 2023. The manner, timing and amount of any purchase will be based on an evaluation of market conditions, stock price and o ...
Sezzle Announces Resignation of Paul Purcell from its Board of Directors and Postpones Annual Meeting of Stockholders
Newsfilter· 2024-06-07 11:02
Core Points - Paul Purcell has resigned from Sezzle's Board of Directors to focus on his professional commitments and will not stand for reelection at the 2024 Annual Meeting of Stockholders [13][14] - Purcell served on the Board for 5 years and was a member of several committees, including Audit and Risk, Compensation, and Nominating and Corporate Governance [13][14] - Sezzle's management expressed gratitude for Purcell's contributions and leadership during his tenure, which saw the company transition from private to publicly listed on NASDAQ [8][13] Company Overview - Sezzle is a fintech company aimed at financially empowering the next generation through its payment platform, which offers interest-free installment plans for consumers [7] - The platform enhances purchasing power for millions of consumers, promoting responsible spending and financial freedom [7] Upcoming Events - The Annual Meeting of Stockholders (AGM) has been rescheduled following Purcell's resignation, with the new date and record date to be announced [14]
Sezzle Set to Join Russell 3000® Index
Newsfilter· 2024-06-04 18:09
Contact Information Minneapolis, MN, June 04, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, is set to join the Russell 2000® Index and the broad-market Russell 3000® at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st, according to a preliminary list of additions. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of ...
Sezzle and Vallarta Supermarkets Partner to Meet Rising Demand for Buy Now, Pay Later Grocery Options
Newsfilter· 2024-06-03 13:04
Minneapolis, MN, June 03, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // - Sezzle, a leading Buy Now, Pay Later platform, announces the launch of its partnership with Vallarta Supermarkets - a family-run grocery chain that has been serving Southern California communities since 1985. This Pay-in-4 collaboration marks a significant milestone of Sezzle's expansion in the grocery industry, providing shoppers with convenient and responsible ways to manage their everyday purchases. Sezz ...
Bastion Management Closes $150 Million Facility with Sezzle
Prnewswire· 2024-05-17 14:11
Group 1: Investment Details - Bastion Management announced a senior debt investment of $150 million in Sezzle Inc., with an accordion feature allowing for an increase up to $225 million [1] - This new facility is intended to refinance a previous $100 million facility established in October 2022 [1] - The additional liquidity will support Sezzle's growth in the U.S. and Canadian markets and enable the pursuit of new strategic initiatives [1] Group 2: Company Perspectives - Sezzle's CFO, Karen Hartje, expressed enthusiasm about the extended partnership with Bastion, highlighting that the larger and lower-cost facility will enhance their ability to fund new strategic initiatives and sustain profitable growth [2] - Bastion's CEO, Jay Braden, emphasized the importance of this new credit facility in supporting Sezzle's management team in their efforts to innovate and expand offerings [2] Group 3: Company Background - Bastion Management is a private investment firm focused on providing financing solutions to small and midsized businesses in the alternative finance sector across North America and the UK [3] - Since its inception, Bastion has closed over 45 transactions, totaling over $1.3 billion in commitments to consumer lending platforms and emerging financial technology companies [3] - Sezzle is a fintech company that aims to empower consumers through its payment platform, which offers interest-free installment plans [4] - Sezzle's services are designed to increase purchasing power and promote responsible spending among consumers [4]
Sezzle (SEZL) - 2024 Q1 - Earnings Call Transcript
2024-05-11 22:28
Sezzle Inc. (NASDAQ:SEZL) Q1 2024 Results Conference Call May 8, 2024 5:00 PM ET Company Participants Charles Youakim - Co-Founder, Executive Chairman & CEO Paul Paradis - Co-Founder and President Karen Hartje - Chief Financial Officer Lee Brading - Head of Corp Dev and IR Conference Call Participants Nico Sacchetti - RBC Operator Good evening, and welcome to the Sezzle First Quarter Financial Results Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn ...
Sezzle (SEZL) - 2024 Q1 - Quarterly Report
2024-05-08 22:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) | ☒ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | --- | --- | | | For the quarterly period ended March 31, 2024 | OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-41781 SEZZLE INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction ...
Sezzle (SEZL) - 2024 Q1 - Quarterly Results
2024-05-08 20:23
May 08, 2024 Sezzle Reports First-Quarter 2024 Results Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, is pleased to update the market on key financial metrics for the quarter ended March 31, 2024. "This quarter's results are a testament to the Company's commitment and strategic focus on profitable growth, as GAAP Net Income for 1Q24 exceeded GAAP Net Income for all of 2023," noted Charlie Youakim, Sezzle Chairman and CEO. "Further, the successful refinancin ...
Sezzle (SEZL) - 2023 Q4 - Annual Report
2024-02-29 21:03
| | | (State or other jurisdiction of incorporation or organization) 700 Nicollet Mall, Suite 640, Minneapolis, Minnesota 55402 (Address of principal executive offices) (Zip Code) (I.R.S. Employer Identification No.) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) | ☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | For the fiscal year ended December 31, 2023 | | --- | --- | --- | | OR | TRANSITION REPORT PURSUANT TO SECTIO ...