Sezzle

Lending & Financing

Public US/Canada BNPL with WebBank sponsorship, B Corp certification, and major retail merchant footprint.

Overview

Sezzle (NASDAQ: SEZL) is a US and Canadian BNPL provider founded in 2016 in Minneapolis. The company listed on NASDAQ in August 2023 (after delisting from the ASX in January 2024) and is the only major BNPL with Certified B Corporation status (since March 2021). Sezzle offers consumers Pay-in-4 over six weeks plus Sezzle Up (extended-term installment loans for larger purchases) and Sezzle Anywhere (a consumer subscription giving access to BNPL at non-integrated merchants). Sezzle's installment loans are originated by WebBank (FDIC-insured Utah industrial bank) under a five-year sponsorship agreement signed in August 2024. Merchants bear no lending license obligations; Sezzle handles all KYC, underwriting, servicing, and collections. Integration is available via API, SDK, and platform plugins for Shopify, WooCommerce, BigCommerce, Magento, Salesforce Commerce Cloud, and Wix. Notable merchant customers include Target, Walmart, David's Bridal, Bealls, SCHEELS, Rural King, and Bass Pro Shops. The company reported FY2025 revenue of $450.3M (+66.1% YoY), net income of $133.1M, and GMV of $3.9B — a notable profitability profile in a category that has historically struggled with unit economics. Sezzle is rated 4.6/5 on G2 across 122 reviews.

Key features

• Pay-in-4 over six weeks (interest-free)
• Sezzle Up (extended-term installments)
• Sezzle Anywhere (consumer subscription BNPL)
• B Corp certified (only BNPL provider)
• WebBank sponsorship (5-year agreement)
• Multi-platform plugins (Shopify, BigCommerce, etc.)