Sezzle racks up one million active customers

US buy now, pay later venture Sezzle has surpassed the one million active customer mark.

The company, which launched Stateside in 2016, recently announced that its pool of merchant partners had grown past 10,000. "One million active users is a huge operational achievement, and a testament to the value our users see in our product,” says Sezzle's Chief Revenue Officer and Co-founder Paul Paradis.

“Whether it's our commitment to transparency, our flexible payment terms, our user-friendly experience, or our expanding universe of retail partners, Sezzle is definitely gaining traction as the marquee 'buy now pay, later' solution in the US."

ASX

Last year, Sezzle made its Australian Securities Exchange (ASX) debut and laid claim to being “a formidable opponent for the likes of Afterpay and Klarna, particularly in the North American market”.

It said that the move would give it “the fuel required to scale our business, move into new verticals, invest in technology, and connect in a more meaningful way with our shoppers.” Further details here.

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