Sezzle Inc (ASX:SZL) is a US-based and incorporated business that provides an interest-free instalment payment solution. It has been operating since 2017 and is now in 12 countries.Sezzle listed on the ASX with an initial public offering price of $1.22 per share/CDI. The business does not charge interest or initiation fees, however it does charge failed payment fees of US$10.
With the Zip Co Ltd (ASX: Z1P) share price down 80% over one year, will the acquisition of Sezzle Inc (ASX: SZL) turn things around?
The Australian share market continued the post-invasion recovery, with the S&P/ASX 200 (INDEXASX:XJO) gaining 0.7% to begin the month of March.
The Zip Co Ltd (ASX:Z1P) share price has dropped 8% in early trading after the buy now, pay later company’s capital raising.
The S&P/ASX 200 (INDEXASX:XJO) gained 0.7% to start the week as Zip (ASX:Z1P) and BHP (ASX:BHP) shares were in the news.
The Sezzle Inc (ASX:SZL) share price is under the spotlight after reporting its FY21 result and receiving a takeover bid.
Zip Co Ltd (ASX: Z1P) has agreed to merge with Sezzle Inc (ASX: SZL) for $491 million as the buy-now-pay-later (BNPL) land grab heats up.
2022 has already been a notable year with Omicron and a big increase in volatility. I have a few predictions for what might happen in the ASX share market in 2022.
The Zip Co Ltd (ASX:Z1P) share price and Sezzle Inc (ASX:SZL) share price are on watch after confirmation of potential takeover talks.
I think there are some important investment lessons to be learned from 2021. It has been another eventful year.