What is Sezzle? Sezzle Review

Main Products

Sezzle's main product is a mobile payment platform for mobile Internet. Sezzle is also a payment method supported by Shopify.

Audience

In the traditional credit system, more than 67% of shoppers under the age of 30 have relatively low credit scores, often sub-optimal or non-optimal, which poses a certain obstacle to installment purchases for this type of consumers. For such users, Sezzle's service system uses a proprietary algorithm in the traditional credit check to determine the true credit worthiness of such buyers under the age of 30, so that more consumers can be recognized and more shoppers can enjoy interest-free installment shopping services.

use

Sezzle is a payment platform for buyers and sellers to choose from, an interest-free installment payment platform for shopping consumption. On the Sezzle platform, consumers can "shop and pay for goods immediately".

The shopping cart can be checked out through Sezzle, and the order can be paid in 4 interest-free installments, every 2 weeks.

Financing

On October 5, 2016, Sezzle received its first seed investment of US$1.75 million from CSC Upshot Fund.

In November 2016, Sezzle received a second investment of $1.85 million.

In November 2018, it received a huge new round of investment of 100 million US dollars.