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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Sezzle Inc | ASX:SZL | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 24.20 | 24.00 | 24.35 | 0.00 | 01:00:00 |
From Jun 2019 to Jun 2024
By Stuart Condie
SYDNEY--Sezzle Inc. said it has entered into a three-year agreement with Target Corp. for the U.S. retail giant to offer consumers its installment payment product in-store and online.
Sezzle on Thursday said the agreement followed the conclusion of a proof-of-concept of the interest-free payment plans with its fellow Minnesota-based firm.
Target last month reported 1Q earnings of US$2.1 billion, compared with US$284 million a year ago. Total revenue rose 23% to US$24.2 billion.
Sezzle's underlying merchant sales for the same period rose to US$375.1 million, from US$119.4 million a year earlier.
Sezzle is listed on the Australian Securities Exchange but is filing for an initial public offering in its native U.S.
Write to Stuart Condie at stuart.condie@wsj.com
(END) Dow Jones Newswires
June 02, 2021 19:01 ET (23:01 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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