Operating as a technology-enabled payments company, Sezzle provides point-of-sale installment lending solutions to consumers in the United States and Canada. The company's core offering, the Sezzle Platform, extends credit at checkout, enabling consumers to receive purchases immediately while paying in installments over time. The platform offers multiple payment structures including Pay-in-Four (split payments over six weeks), Pay-in-Two, and Pay-in-Full options, alongside traditional deferred payment arrangements.
The company extends its reach through the Sezzle Virtual Card, which allows consumers to access installment lending at merchants not directly integrated with Sezzle. Subscription services including Sezzle Anywhere and Sezzle Premium provide consumers expanded merchant access, while Sezzle On-Demand offers one-time installment functionality at non-integrated retailers. The company also offers longer-term lending products developed through third-party lender partnerships and operates an opt-in rewards feature called Sezzle Up.
Headquartered in Minneapolis, Minnesota, Sezzle operates with approximately 402 full-time employees. The company generates revenue through consumer fees, merchant processing fees, and subscription services. Its customer base spans both online and in-store retail environments across North America, with particular penetration among e-commerce merchants seeking alternative payment options and consumers seeking flexible purchasing power without traditional credit cards.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $3.72 | $3.93 | -71.7% | |
| 2024 | $13.13 | $13.98 | +950.4% | |
| 2023 | $1.25 | $1.27 | +794.4% | |
| 2022 | $-0.18 | $-0.18 | +52.6% | |
| 2021 | $-0.38 | $-0.38 | — |