Sezzle Canada adds an impressive roster of retailers to its Pay-in-4 service.
- Qualified Sezzle Canada shoppers can now seamlessly purchase gift cards for Old Navy, Uber, Walmart, DoorDash, Indigo, DAVIDsTEA, WINNERS, GAP, Marshalls, and over thirty other brands.
- The expansion of Sezzle Canada’s affiliate program opens the door to tens of thousands of consumers to purchase merchandise at notable retailers, both in-store and online, even if those stores don’t have a relationship with Sezzle.
- The affiliate program has garnered millions in merchant sales following a successful launch.
TORONTO, April 7, 2022 /CNW/ — Sezzle Inc. (ASX: SZL) (Sezzle or Company) // – Sezzle, a leading Buy Now, Pay Later Solution, announces an expansion of its top rated mobile app, which allows qualified shoppers to purchase merchandise using Sezzle at an extensive list of popular retailers, even if those stores don’t have a relationship with the Company.
The program unlocks access for Sezzle Canada’s expanding consumer base to make interest-free purchases at their favorite brands. Previously, Sezzle Canada’s BNPL consumers could only use the Sezzle payment option at the Company’s retail sezzlepartners.
Sezzle Canada successfully rolled out its affiliate program earlier last year, and since then, has added an impressive roster of notable brands. Within the first year of its launch, the program has performed well through its expanding user base.
“In just two years, Sezzle has led the way for major adoption of Buy Now, Pay Later in the Canadian market,” said Sezzle Canada GM, Patrick Chan. “Given our growing user base, we are thrilled to extend purchasing power to shoppers at an array of well-known retailers in which the Company is not in direct partnership. For those retailers, Sezzle is delivering new customers and incremental sales, so it’s a win-win.”
Explore Sezzle’s wide selection of Canadian merchants here.
About Sezzle Inc.
Sezzle is a fintech 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. Sezzle now offers a full suite of payment options including pay in 4 and long-term options.
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This press release includes “forward-looking statements” regarding the growth of Sezzle’s user base and mission to financially empower the next generation. These forward-looking statements are based on our current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. There is a risk that such predictions, estimates, projections, and other forward-looking statements will not be achieved. Nevertheless, and despite the fact that management’s expectations and estimates are based on assumptions management believes to be reasonable and data management believes to be reliable, our actual results, performance or achievements are subject to future risks and uncertainties, any of which could materially affect our actual performance. Risks and uncertainties that could affect such performance include, but are not limited to: our ability to complete the merger and other transactions contemplated by the Agreement and Plan of Merger (“Zip Merger Agreement”) dated February 28, 2022, by and among Sezzle, Zip Co Limited (“Zip”) and Zip’s wholly owned subsidiary Miyagi Merger Sub, Inc. (“Merger Sub”), including due to the failure to satisfy the conditions for the completion of the merger; risks related to disruption of management’s attention from business operations due to the proposed merger; the effect of the proposed merger on our results of operations and business generally; including our ability to retain and hire key personnel and maintain our relationships with customers and partners; the risk that the proposed merger will not be completed in a timely manner, increasing the expected costs of the proposed merger; the occurrence of any event, change or circumstance that could give rise to the termination of the Zip Merger Agreement; impact of the “buy-now, pay-later” (“BNPL”) industry becoming subject to increased regulatory scrutiny; impact of operating in a highly competitive industry; impact of macro-economic conditions on consumer spending; our ability to increase our merchant network, our base of consumers and UMS; our ability to effectively manage growth, sustain our growth rate and maintain our market share; our ability to meet additional capital requirements; impact of exposure to consumer bad debts and insolvency of merchants; impact of the integration, support and prominent presentation of our platform by our merchants; impact of any data security breaches, cyberattacks, employee or other internal misconduct, malware, phishing or ransomware, physical security breaches, natural disasters, or similar disruptions; impact of key vendors or merchants failing to comply with legal or regulatory requirements or to provide various services that are important to our operations; impact of the loss of key partners and merchant relationships; impact of exchange rate fluctuations in the international markets in which we operate; our ability to protect our intellectual property rights; our ability to retain employees and recruit additional employees; impact of the costs of complying with various laws and regulations applicable to the BNPL industry in the United States and the international markets in which we operate; and our ability to achieve our public benefit purpose and maintain our B Corporation certification.
We caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks include, but are not limited to, the risks described under “Risk Factors” in Sezzle’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on March 30, 2022. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, our actual results and plans could differ materially from those expressed in any forward-looking statements.
All forward-looking statements, expressed or implied, included in this press release are expressly qualified in their entirety by these cautionary statements. Except as otherwise required by applicable law, we disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the cautionary statements in this section, to reflect events or circumstances after the date of this press release.