Sezzle Inc. Common Stock (SEZL)
Sezzle Inc. (SEZL) is a financial technology company that offers buy now, pay later (BNPL) solutions, enabling consumers to split their purchases into interest-free installments. Founded in 2016, Sezzle aims to provide flexible payment options to enhance the shopping experience and increase purchasing power while supporting merchants with increased conversion rates and customer loyalty. The company's platform is widely used across e-commerce and brick-and-mortar retail sectors.
Company News
The buy now, pay later industry is experiencing rapid growth, but investors should be cautious about potential default risks during economic downturns.
Swedish buy now pay later (BNPL) platform Klarna launched on NYSE with a $17 billion valuation, raising $1.4 billion during its IPO. The company aims to expand in the US market with innovative payment solutions and has a strong global user base of 90 million customers.
The article highlights three stocks with elevated Relative Strength Index (RSI) readings that suggest potential near-term pullbacks: Western Digital, Seagate Technology, and Sezzle, despite their strong year-to-date performance driven by AI and market trends.
Sezzle has filed a lawsuit against Shopify, alleging that Shopify has engaged in monopolistic and anticompetitive practices to limit consumer choice for 'buy now, pay later' services on its e-commerce platform. Sezzle is seeking an injunction and treble damages.