Can On-Demand's Popularity Continue to Help SEZL Pay Dividends?
Key Takeaways Sezzle hit 748K Monthly MODS in Q2, up 14% sequentially.On-Demand boosted the gross merchandise volume 74.2% and top-line growth 76.4% y/y.Despite 50.4% higher operating costs, Sezzle's margin expanded 6.8 points to 36.6%.Sezzle (SEZL) launched On-Demand to provide users with a flexible option to Pay-in-4 wherever Visa is accepted. This strategy succeeded in removing constraints on its direct merchant partnerships, transforming itself into a buy-now-pay-later solution available anywhere for it ...