Company Overview and Mission - Sezzle's mission is to financially empower the next generation by enabling merchants to offer customer-friendly credit alternatives [11, 12, 13] - The company aims to provide flexible, reliable, transparent, and secure services to both merchants and consumers [14] - Sezzle highlights its commitment to trust, financial freedom, technology, and the future [16, 17, 18, 19] - Sezzle is transitioning to a Public Benefit Corporation, focusing on purpose-driven actions and benefits for all stakeholders [20] Growth and Market Opportunity - Sezzle experienced triple-digit year-over-year growth in revenue, consumers, and merchants in 2018, 2019, and Q1 2020 [24] - The company operates in large retail markets: US (over $5.4 trillion), Canada ($461.1 billion), and Australia ($215 billion) [25] - Sezzle has over 1.3 million active consumers and over 14.9K active merchants [28] 2019 Performance Highlights - Sezzle completed its Initial Public Offering (IPO) at A$1.22 per CDI on July 29, 2019 [30] - The company secured a $100 million credit facility in November 2019, maturing in May 2022 [30] - There was significant growth in 2019, including a 775% increase in merchant fees, a 685% increase in merchant sales, and a 489% increase in active consumers [30] COVID-19 Impact and Response - Sezzle implemented a mandatory work-from-home policy and suspended business travel for employees [76] - The company expanded fee forgiveness and payment flexibility programs for consumers [77] - Sezzle highlights the potential positive impact of the US government's stimulus measures on its stakeholders [81] 2020 Momentum - In May, Underlying Merchant Sales (UMS) surged 321% year-over-year [93] - Active Customers rose 326% year-over-year in May [93]

Affirm Holdings (NASDAQ: AFRM ) is a fast-growing player in the Buy Now, Pay Later market and is nearing a crucial inflection point in its business, which is the achievement of GAAP operating profitability in the near term. Further, Affirm may be aAnalyst’s Disclosure:I/we have a beneficial long position in the shares of AFRM, UPST, SOFI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other ...

Core Viewpoint - Sezzle Inc. has filed a lawsuit against Shopify Inc. for alleged antitrust violations, claiming that Shopify is engaging in monopolistic practices that hinder competition in the "buy now, pay later" service sector [1]. Group 1: Lawsuit Details - The lawsuit is filed in the U.S. District Court for the District of Minnesota, asserting both federal and state antitrust violations [1]. - Sezzle is seeking an injunction to stop Shopify's alleged anticompetitive conduct, which it claims limits consumer choice and fair market competition [1]. - The company is also pursuing treble damages as part of the lawsuit [1]. Group 2: Company Commitment and Updates - Sezzle's CEO, Charlie Youakim, emphasized the company's commitment to a competitive and consumer-friendly payments ecosystem, stating that the lawsuit is a crucial step for merchants and consumers [2]. - The company reaffirmed its fiscal 2025 guidance, indicating confidence in its financial outlook despite the ongoing legal challenges [7]. Group 3: Company Overview - Sezzle is a fintech company focused on empowering consumers through its digital payment platform, which offers point-of-sale financing options and connects millions of customers with merchants [3]. - The company prioritizes transparency, inclusivity, and ease of use, aiming to help consumers manage their spending and achieve financial independence [3].

Key Takeaways AFRM has surged past its 200-day SMA, signaling a potential uptrend amid rising investor momentum. A 94% repeat user rate, 0% APR growth and new verticals are driving Affirm's BNPL expansion. Global rollout via Shopify and a valuation discount position AFRM for potential upside despite debt concerns.Shares of Affirm Holdings, Inc. (AFRM) are gaining momentum, buoyed by product innovation, a growing customer base, and strategic moves in the buy now, pay later (BNPL) space. Recently, AFRM has ...