Sezzle Inc. operates as a technology-enabled payments company in the United States and Canada. The company offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; Pay-in-five which allows eligible consumers to pay a fifth of the purchase price up front, and then another four installments every two weeks; Pay-in-Two, which allow consumer to pay half of the value of their order up-front and the second half in two weeks; and other alternative installment options. It also provides Sezzle Virtual Card that allows consumers to access the Sezzle Platform in the form of merchants in-store and online with merchants that are not directly integrated with Sezzle; Sezzle Anywhere, a paid subscription service that allows consumers to use their Sezzle Virtual Card at any merchant online or in-store; Sezzle On-Demand, a service that allows consumers who are not subscribed to Sezzle Anywhere to use the Sezzle Platform at any merchant online or in-store; Sezzle Premium, a paid subscription service that allows its consumers to access large, non-integrated premium merchants; Sezzle Balance, a stored-value product that allows consumers to maintain funds in Sezzle account for use toward eligible purchases or make payments on the Sezzle Platform; and Sezzle Up, an opt-in feature of the Sezzle Platform. In addition, the company offers Long-Term Lending through collaboration with third-party lenders. Sezzle Inc. was incorporated in 2016 and is headquartered in Minneapolis, Minnesota.
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Sezzle Send Launch Set for August with 100,000 Waitlist Users
Sezzle Inc. is launching Sezzle Send, a peer-to-peer money transfer product, in August, with over 100,000 users already on the waitlist. The service allows users to send money by phone number, choosing Pay-in-Full or Pay-in-5, and recipients receive the full amount upfront, even if they are not existing Sezzle users. This creates a low-cost acquisition channel, as each transfer can introduce new users to Sezzle. The company's active subscribers reached 854,000 in the second quarter, up 76.4% year over year, and average quarterly purchase frequency hit a record 7.2 times. Sezzle's second-quarter revenue rose 51.7% to $149.7 million, with net income of $40.8 million, and marketing spend climbed to $19.4 million while customer acquisition payback remained under six months. However, management's 2026 guidance assumes zero contribution from Sezzle Send, projecting 35% revenue growth, adjusted net income of $185 million, and adjusted EPS of $5.25, leaving upside dependent on adoption.
Sezzle Inc. reported that its AI initiatives are boosting customer service and productivity, with its support chatbot deflecting 68% of consumer inbounds and achieving higher satisfaction than human agents in the second quarter of 2026. The company's AI shopping assistant generated a 3.6 times higher product click rate than the control group and was live for 80% of Sezzle Anywhere users, while 88% of new code was AI-developed and developer productivity rose 20% quarter over quarter. Revenues rose 51.7% year over year to $149.7 million, adjusted EBITDA reached $58 million with a 38.8% margin, and active subscribers increased 76.4% to 854,000. Sezzle also said its upcoming Sezzle Send product was built largely with AI by a small team in weeks rather than months and already has approximately 100,000 prospective users on its wait list. The Zacks Consensus Estimate for full-year 2026 EPS has been revised upward to $5.24, indicating a year-over-year increase of 45.96%, and the stock carries a Zacks Rank #1 (Strong Buy).
SoFi Leads Personal Loan Stocks in Strong Q2 Earnings
SoFi Technologies reported second-quarter revenue of $1.21 billion, up 40.5% year over year and beating analyst expectations by 7.1%, making it the best performer among seven personal loan stocks tracked. The group as a whole exceeded consensus revenue estimates by 4.2%, with shares up 1.9% on average since reporting. Sezzle posted the biggest estimate beat with revenue of $149.7 million, up 51.7% year over year, but its stock fell 27.3% after results. OneMain Holdings, the weakest performer, reported revenue of $1.29 billion, up 6.9% year over year, while Happen Bank and FirstCash also beat or met expectations.
Sezzle Raises 2026 Guidance and Secures $300 Million Credit Facility
Sezzle raised its full year 2026 total revenue growth guidance to 35% and secured a new US$300 million credit facility with Mesirow. The announcement comes after a sharp pullback, with the 30 day share price return down 26.17% while the year to date return is 97.94%. The three year total shareholder return is above 8x. The most followed narrative on Sezzle points to a fair value of $87.18, which sits below the last close at $128.96 and frames the current rally as overvalued.
Sezzle Stock Plunges 34% Despite Record Revenue and Raised Guidance
Sezzle shares fell 33.89% on Friday, wiping out about $2 billion in market value, even after the buy now, pay later company reported record second-quarter revenue of $149.7 million, up 51.7% year over year, and raised its full-year adjusted earnings guidance to $5.25 per diluted share. The sell-off was driven by the second-half revenue growth implied by the new outlook, which points to roughly 31% growth, a sharp deceleration from the first half's 40% pace and the just-reported quarter's 51.7%. Coming into the report, the stock had rallied about 260% from its 52-week low and was trading at roughly 34 times the newly raised earnings target, pricing in the higher growth rate. At Friday's close of $118.02, the valuation compressed to about 22 times guided earnings, which analysts described as a repricing rather than a verdict on the business.
Santander, Berkshire Hathaway lead financials higher as S&P 500 hits record
Wall Street finished the week higher, with the benchmark S&P 500 hitting fresh all-time highs, and the State Street Financial Select Sector SPDR ETF (XLF) added 1.16% from the previous week to close at $57.60. Among megacap stocks, Banco Santander led the winners, adding 4.26% to $14.70 after receiving Federal Reserve approval for its acquisition of Webster Financial. Berkshire Hathaway gained ahead of its second-quarter earnings release, while HSBC Holdings led the decliners, pulling back 2.53% to $103.73 despite reporting strong first-half results and updating its full-year guidance to include a roughly $2 billion savings target from reorganization. In the large-cap gainers, Blue Owl Capital advanced 15.24% after closing its European net lease fund with €1.6 billion in capital commitments, exceeding its original target, and Pershing Square added 13.82% ahead of its quarterly earnings. On the losing side, Hut 8 retreated 17.69% after missing revenue estimates, while mid-cap UWM Holdings dropped 29.67% and Sezzle fell 23.74% even after boosting its full-year guidance.
Doximity, Cloudflare, and Atlassian surge premarket on strong earnings
Doximity, Cloudflare, and Atlassian led premarket movers after reporting quarterly results that beat expectations. Doximity shares soared 66% after the professional medical networking platform reported fiscal first-quarter 2027 revenue of $156.6 million, above the $151.7 million consensus, and raised its full-year financial targets. Atlassian surged 31% after delivering a fiscal fourth-quarter earnings beat with adjusted EPS of $1.87 versus the $1.50 consensus and revenue of $1.77 billion, representing 28% year-over-year growth. Cloudflare rose 16.2% to $330.51 after raising its full-year 2026 revenue forecast to between $2.86 billion and $2.87 billion, citing resilient demand linked to artificial intelligence. Other notable gainers included PubMatic, Figs, Twilio, Airbnb, Hertz, QuinStreet, and JFrog, all of which advanced on better-than-expected results. On the downside, The Trade Desk tumbled more than 27% after its second-quarter revenue of $715.1 million missed estimates and it guided for a third-quarter revenue decline of about 12%, while Sezzle plunged 23% on a warning that revenue growth could slow to around 30% in the second half of 2026.
Sezzle Leverages AI and Open-Loop Payments to Drive Next Growth Phase
Sezzle is embedding artificial intelligence and expanding its open-loop card strategy to scale operations and deepen consumer engagement. Its AI support chatbot resolves roughly 60% to 70% of customer chats without escalation, while AI-assisted coding generates up to around 80% of code that is then reviewed, shortening development cycles. The company has introduced a virtual card in Canada and is broadening open-loop acceptance to give consumers more ways to use Sezzle beyond directly integrated merchants. Since its June 2025 launch, the Earn Tab has generated 4.8 million visits and a 55% increase in buy-now-pay-later conversion within 30 days of first activity. Sezzle’s product roadmap now includes Pay-in-5, longer-term lending, and potential checking or deposit accounts, though Pay-in-5 increased working capital in the first quarter of 2026.
Sezzle Raises 2026 Guidance After Strong First Quarter
Sezzle Inc. raised its full-year 2026 revenue growth guidance to 30% to 35% from a prior range of 25% to 30% following a strong first quarter. First-quarter 2026 revenues rose 29.2% year over year to $135.5 million, while gross merchandise volume increased 37.3% to $1.1 billion. Adjusted EBITDA was $71.1 million, a 52.5% margin, and adjusted earnings per share were $1.43. Management also lifted adjusted net income guidance to $180 million and adjusted earnings per share guidance to $5.10 from $4.70. The stock trades at 7.79 times forward 12-month sales per share, above industry and sector averages, and carries a Zacks Rank of 2, or Buy.
Buy Now Pay Later Market Projected to Reach $116.94 Billion by 2035
The global Buy Now Pay Later market is projected to grow from $10.22 billion in 2025 to $116.94 billion by 2035, at a compound annual growth rate of 27.60%. Online channels held a 66.50% share in 2025, while point-of-sale in-store BNPL is the fastest-growing segment at a 25.50% CAGR. Large enterprises accounted for more than 61% of the market in 2025, and the retail and consumer goods end-use segment dominated with over 71% share. North America represented more than 29.30% of global revenues in 2025, with the United States contributing approximately 84.73% of that regional total. Key players include Klarna, Affirm, Afterpay, PayPal, and Sezzle.
Sezzle's Rally Justified by Strong Earnings and Raised Guidance
Sezzle's stock has surged over 37% in the past month, outpacing its industry and peers like PayPal and Shift4 Payments, but the rally is supported by robust fundamentals. First-quarter 2026 results showed gross merchandise volume up 37.3% to roughly $1.1 billion, revenue up 29.2% to $135.5 million, and net income of $51.3 million with a 37.9% profit margin. Management raised its full-year 2026 outlook, now expecting revenue growth of 30-35%, adjusted net income of $180 million, and adjusted EPS of $5.10. User engagement is strengthening, with average quarterly purchase frequency rising to 7.1 times and active consumers reaching about 3.1 million. While valuation at 8.88 times forward sales is above the industry average, the premium appears defensible given the company's high-margin growth and positive estimate revisions.
Sezzle Stock May Be Overvalued After 171.8% Rally, Downgrade Suggests
Sezzle stock has surged 171.8% year to date, but a recent analyst downgrade and valuation checks suggest the current price may already reflect a lot of optimism. The company now trades on a price-to-earnings multiple of about 40.2 times, which is below the peer average of roughly 45.1 times but far above the diversified financial industry average of 15.7 times. A fair P/E ratio implied by broader checks is about 27.2 times, indicating the stock screens as overvalued. Oppenheimer recently downgraded Sezzle on valuation following the strong share price run, aligning with the view that the market is pricing in plenty of good news at this higher earnings multiple. Overall, Sezzle appears overvalued on its current P/E multiple relative to what the fair ratio suggests.
Personal loan stocks post strong Q1 with revenues beating estimates by 7%
The nine personal loan stocks tracked by this publication reported a strong first quarter, with aggregate revenues surpassing analysts' consensus estimates by 7% and next-quarter revenue guidance coming in 0.7% above expectations. OneMain Holdings reported revenues of $1.26 billion, up 6.6% year on year and in line with estimates, but delivered the slowest revenue growth of the group. Sezzle was the best performer, with revenues of $135.5 million beating estimates by 5.3% and full-year EPS guidance exceeding expectations, while Affirm was the weakest despite revenues of $1.04 billion exceeding estimates by 4.3%, as it significantly missed EPS estimates. Atlanticus Holdings achieved the fastest revenue growth at 87.2% to $556.8 million but had the weakest performance against analyst estimates, and FirstCash reported revenues of $1.05 billion, up 25.7% and beating estimates across EBITDA and EPS. Since their latest earnings results, personal loan stocks have seen share prices rise 24% on average.
Zacks Recommends Five Mobile Payment Stocks for Long-Term Portfolio Growth
Zacks Equity Research recommends five mobile payment stocks—Visa, Paymentus Holdings, Corpay, Sezzle, and Remitly Global—as buys for long-term portfolio enhancement. Each stock carries a Zacks Rank #2 (Buy). Visa is expected to achieve revenue and earnings growth of 13.4% and 14.1%, respectively, for the current fiscal year ending September 2026, with its consensus earnings estimate rising 2% over the last 60 days. Paymentus Holdings has projected revenue and earnings growth of 19.9% and 19.7%, with its estimate up 3.9%. Corpay's expected growth rates are 17.3% for revenue and 25.6% for earnings, with a 3.1% estimate increase. Sezzle is forecast to grow revenue 31.6% and earnings 41.8%, with an 8.5% estimate improvement. Remitly Global's revenue growth is pegged at 20.4%, with earnings growth exceeding 100% and its estimate up more than 100%.
Billionaires Cut Sezzle Stake by $20 Million Even as Stock Surges 130%
Billionaire investors reduced their stake in Sezzle Inc. from roughly $34.12 million in the fourth quarter of 2025 to $14.04 million in the first quarter of 2026, a decline of about $20.07 million. The sell-down occurred even as Sezzle's stock rallied nearly 130% year-to-date, driven by strong quarterly results and new payment partnerships. On June 2, 2026, B. Riley raised its price target on Sezzle to $141 from $117 while maintaining a Buy rating, citing the company's integration with Knot's CardSwitcher API to automatically set Sezzle's virtual card as the preferred payment method across merchants including Amazon, Walmart, and Uber. Earlier, Northland lifted its target to $110 from $100 with an Outperform rating, and Needham raised its target to $122 from $94 with a Buy rating, both following a first-quarter beat-and-raise fueled by robust gross merchandise volume growth, a higher take rate, and better-than-expected credit performance.