Unicorns Podcast: Sezzle (ASX:SZL) – the BNPL stock sizzling on merger talks
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The Unicorns Podcast connects you to some of the best and brightest founders, CEOs, executives, business owners, VCs and inspiring leaders who make things happen and inspire others.
Hosted by former broadcast journalist and PR veteran, Justin Kelly, we chat to leaders on the front line on how to get started, what it takes to build a successful business, how to overcome challenges, and advice for those on a similar journey.
Merger talks have been revived between BNPL giant ZIP and up and comer Sezzle as the entire sector takes stock of changing market conditions.
Sezzle, based in the US and listed on the ASX, has over 40,000 participating merchants.
In a statement to the ASX this morning, Sezzle confirmed it was in preliminary discussions with ZIP regarding a possible merger but no definitive agreement had been reached.
In this episode, Justin talks with Killian Brackey, the CTO of BNPL giant Sezzle (ASX SZL).
Sezzle, which listed on the ASX in 2019, is a payments company on a mission to financially empower the next generation. Sezzle’s payment platform increases the purchasing power for millions of consumers by offering interest-free installment plans at online stores and in-store locations.
When consumers apply, approval is instant, and their credit scores are not impacted, unless the consumer elects to opt-in to a credit building feature, called Sezzle Up.
This increase in purchasing power for consumers leads to increased sales and basket sizes for the more than 40,000 Active Merchants that offer Sezzle.
As the only B Corp in fintech, Sezzle proves that all industries – even payments – can do their part to provide solutions and make a positive impact today and into the future.
In this episode, Killian talks about the recent success of Sezzle, how the business is growing and keeping a loyal customer base, the future of the BNPL sector and what’s next for the business.