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Sezzle Partners with Shoplazza to Offer Flexible Payment Options to Merchants
GlobeNewswire News Room· 2024-10-24 12:37
Core Insights - Sezzle Inc. has announced a partnership with Shoplazza to provide flexible payment options for e-commerce merchants in the US, enhancing customer shopping experiences and driving business growth [1][3]. Group 1: Partnership Overview - The collaboration will enable thousands of Shoplazza merchants to offer Sezzle's Buy Now, Pay Later (BNPL) service, which includes Pay in 4 and Pay in 2 loans issued by WebBank [1]. - This partnership aims to make e-commerce more inclusive and accessible, allowing consumers to make purchases without immediate financial strain [3]. Group 2: Benefits of Sezzle - **Driving Incremental Sales**: Sezzle's BNPL option allows consumers to make responsible purchasing decisions by paying in manageable installments, potentially leading to higher sales volume [2]. - **Increasing Average Order Value (AOV)**: The financial flexibility provided by Sezzle can lead to increased spending per transaction, enhancing the shopping experience for customers [2]. - **Boosting Cart Conversion Rates**: By offering BNPL options, merchants can reduce cart abandonment rates, encouraging customers who may hesitate due to budget constraints to complete their purchases [2]. - **Building Customer Loyalty**: Flexible payment solutions foster trust and loyalty among customers, leading to repeat business and long-term relationships [2]. - **Enabling Credit Building**: Sezzle's opt-in credit reporting feature, Sezzle Up, allows consumers to manage their finances while potentially improving their credit performance [2]. Group 3: Company Profiles - **Sezzle Inc.**: A fintech company focused on empowering consumers through interest-free installment plans, promoting responsible spending and financial freedom [5]. - **Shoplazza**: An e-commerce platform that enhances operational efficiency and customer engagement through AI-powered tools and integrated solutions, helping businesses thrive in the digital economy [5].
Sezzle to Announce Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-17 18:28
Minneapolis, MN, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, 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 that same day. Participants can register for the conference call by navigating to: https://dpregister.com/sreg/10193861/fdcca5b749 Please note that registered participants will receive their dial-in number upon registrati ...
Recent Price Trend in Sezzle Inc. (SEZL) is Your Friend, Here's Why
ZACKS· 2024-10-16 13:50
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. - ...
Sezzle Stock: This FinTech Up 1,200% Deserves A Closer Look
Seeking Alpha· 2024-09-30 14:06
Sezzle Inc. (NASDAQ: SEZL ) has quietly emerged as one of the market's biggest winners with a spectacular 1,200% rally over the past year. The "buy-now-pay-later" fintech disruptor is posting very impressive growth and earnings momentum in what has been a breakout year Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opin ...
Sezzle Inc. (SEZL) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2024-09-30 13:51
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the need for sound fundamentals and positive earnings estimates to maintain momentum. Group 1: Stock Performance - Sezzle Inc. (SEZL) has shown a solid price increase of 92.3% over the past 12 weeks, indicating strong investor interest [4] - The stock has also increased by 26.9% over the last four weeks, suggesting that the upward trend is still intact [5] - SEZL is currently trading at 93.1% of its 52-week high-low range, indicating a potential breakout [5] Group 2: Fundamental Strength - SEZL holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6] - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7] Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like SEZL that are on an uptrend supported by strong fundamentals [3] - There are additional stocks that meet the criteria of the "Recent Price Strength" screen, providing further investment opportunities [8]
Sezzle Opens Doors for Spanish Speakers: 40 Million US Consumers Gain Access to BNPL
Newsfilter· 2024-07-16 12:04
Core Insights - Sezzle is a fintech company focused on empowering the next generation through its Pay in 4 payment platform, which enhances purchasing power by providing interest-free installment plans [1] - The company is committed to inclusivity, particularly targeting the Spanish-speaking demographic in the U.S., where 22% of its users speak Spanish at home [2][3] - Sezzle has launched a Spanish-language capability in its app to address financial inclusion challenges faced by Spanish-speaking consumers, aiming to provide a user-friendly interface and transparent financial solutions [3][4] Group 1 - Sezzle's mission is to financially empower consumers by offering accessible financial solutions through its BNPL platform [1][4] - The introduction of Spanish language support is a strategic move to cater to over 40 million Spanish-speaking Americans, enhancing financial accessibility [4][5] - The company emphasizes the importance of breaking down financial barriers and ensuring that all individuals have the necessary tools for financial success [5] Group 2 - The integration of Spanish language capability is part of Sezzle's broader strategy to improve financial literacy and credit accessibility among Spanish-speaking populations [3] - Sezzle's approach includes leveraging technology and innovation to expand financial access for diverse consumer segments [6] - The company encourages users to explore its Spanish version available on major app platforms, reinforcing its commitment to inclusivity [6]
Sezzle's BNPL Solution Now Available at Heritage Grocers Group Stores
Newsfilter· 2024-07-10 12:04
Core Insights - Sezzle Inc. has announced a partnership with Heritage Grocers Group to extend its Buy Now, Pay Later (BNPL) solutions to a wider customer base in the grocery sector [1][2][5] - This collaboration is part of Sezzle's strategy to enhance financial flexibility and convenience for consumers, particularly in managing grocery expenses [2][5][6] - The partnership comes at a time when grocery purchases via BNPL have increased by 40% year-over-year, indicating a growing demand for such services in the grocery market [5] Company Overview - Sezzle is a fintech company focused on empowering consumers through interest-free installment plans, both online and in-store [7] - Heritage Grocers Group is a leading specialty ethnic food retailer operating 58 stores under the Cardenas Markets banner, 29 stores under El Rancho Supermercado, 21 stores under Tony's Fresh Market, and 7 stores under Los Altos Ranch Market [1][11] - The partnership aims to enhance the shopping experience by integrating BNPL options into everyday grocery purchases, setting a new standard for financial accessibility [6]
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
Core Viewpoint - Sezzle Inc. has authorized a new stock repurchase program of $15 million following the completion of a previous $5 million repurchase plan, indicating confidence in the company's momentum and commitment to maximizing shareholder value through disciplined capital allocation [1][2]. Group 1: Stock Repurchase Program - The Board of Directors has approved an additional $15 million stock repurchase program after completing a $5 million plan announced on December 22, 2023 [1]. - The timing, manner, and amount of stock purchases will depend on market conditions, stock price, and other factors [1]. - The new repurchase program will be executed in compliance with SEC Rule 10b-18 and federal securities laws, and it does not obligate the company to acquire a specific amount of stock [2]. Group 2: Company Overview - Sezzle is a fintech company focused on empowering consumers through a digital payment platform that offers interest-free installment plans at online and select in-store locations [3]. - The platform aims to increase purchasing power for millions of consumers, promoting responsible spending and financial freedom [3].
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]