Sezzle

Sezzle operates a two-sided payments and financing model. On the merchant side, it integrates into online checkout flows and pays merchants upfront, helping them offer instalment payments that can improve conversion. On the consumer side, it provides a mobile app, virtual card and account tools to initiate and manage repayments. Value is created by linking merchant demand for conversion uplift with consumer demand for short-term payment flexibility, while Sezzle underwrites transaction, fraud and repayment risk.

Sezzle is a US fintech company focused on buy now, pay later payments for retail purchases. Its core product lets consumers split purchases into four instalments over roughly six weeks, typically interest-free, via merchant checkout integrations and its mobile app. It also extends acceptance through a single-use virtual card that works on the Visa network and offers a paid membership tier with additional shopping benefits and offers.

The company makes money primarily by charging merchants transaction-based fees for enabling Sezzle at checkout, while also earning consumer-side fees in some cases and subscription revenue from Sezzle Premium. Its direct customers are e-commerce merchants that want higher conversion and basket support, and retail consumers who want short-term instalment financing and payment management.