Sezzle

Sezzle is a US buy now, pay later company founded in Minneapolis in 2016 by Charlie Youakim, Paul Paradis and four colleagues. It first listed on the Australian Securities Exchange in 2019 and is now traded on Nasdaq as SEZL. For 2025 it reported revenue of $450.3 million on about $3.9 billion of merchandise volume, with paid consumer subscriptions such as Sezzle Premium and Sezzle Anywhere driving much of the growth.

US shoppers can choose Pay in 4, with a quarter due at checkout and three more payments every two weeks, Pay in 5, or longer monthly instalments at APRs of up to 35.99%. Some plans now carry a service fee for the shopper. Most of these loans are issued by WebBank. The merchant gets paid up front, and Sezzle takes the fraud and chargeback risk on orders that ship and arrive. Sezzle Anywhere stretches the product to any US shop that takes Visa, and in April 2026 a virtual card built with Marqeta brought in-store spending to Canada, where Sezzle counts 1.9 million sign-ups.

Integration routes include a direct API with sandbox and webhooks, plugins for Shopify, WooCommerce, BigCommerce, Magento 2 and Wix, a virtual-card option that runs Sezzle through an existing card gateway, an in-store flow that texts or emails a checkout link to the customer, and on-site messaging widgets. Sezzle does not publish merchant rates. BigCommerce's guide says pricing starts at 6% and is set per merchant, with funds available the next day.

Sezzle fits retailers selling to consumers in the US and Canada that want to offer instalments without carrying the credit risk themselves. It does not serve merchants outside those two countries. In the US its lending runs under state licences grouped under NMLS ID 1950862, so the plans a shopper sees can differ by state.