Sezzle used to be on the ASX, though it moved to the US and has done well since, now commanding a $5bn market capitalisation. Sezzle’s product edge lies in making BNPL (Buy Now, Pay Later) smarter, safer, and more flexible, particularly for U.S. consumers. It’s the flexibility that allows consumers to design their own payment terms to a certain degree that has proven an interesting differentiator relative to the traditional pay in 4 (or 8) structure. Additionally, SEZL’s business focuses on profitability, unlike many BNPL rivals, which continue to incur losses.
- We like SEZL’s approach to BNPL, but it’s run hard, making it a “buy into dips” stock to MM.
MM is cautiously bullish on SEZL
Add To Hit List
