Sezzle: Credit Loss Reversal De-Risks The Subprime BNPL Thesis

This is my first coverage on Sezzle ( SEZL ). In the BNPL sector, we have ''Prime'' players like Affirm ( AFRM ) and Klarna ( KLAR ), and the players in the ''Subprime'' vertical that serveI first entered investing in 2016 as an individual value investor. In 2022, I established the investment firm Libra Capital. I mostly write articles as part of my deep research into a company before I make an investment, whether long or short. For me, a ''hold'' article means neutral; don't touch the stock and exit a posi ...