Sezzle launches subscription service to offer instalment payments

By Delisha Fernandes

Sezzle, a purpose-driven instalment payment platform, announced the launch of its new Sezzle Pay Anywhere product – a subscription-based service that allows shoppers to use Sezzle’s Virtual Card online, in-store, or wherever Visa is accepted.

The company fills an essential gap in consumers’ financial lives, and when used responsibly, it can open doors to opportunities. Only 44% of the US adult population is considered Credit Prime, while the rest are considered Near Prime, Subprime, Unscorable, or even Invisible, making access to financing challenging. With Sezzle Anywhere, consumers are given additional choices and flexibility in their financial journey.

Pay Anywhere is part of Sezzle’s commitment to democratising financial freedom – granting access to responsible financing for shoppers everywhere, no matter where they stand in their credit journey. Consistent with the Company’s efforts as a B Corp, Sezzle adheres to the pillars of Justice, Stewardship, Advancement and Integrity to better serve its stakeholders. Continued product innovation is a crucial part of the company’s commitment to driving change in the name of greater accessibility to under-represented consumers.

“Without a doubt, the number one cause for concern with Sezzle shoppers is their desire to use our core financing product at a wider selection of retailers. In a survey conducted by the Center for Generational Kinetics, we found that over half (53%) of consumers are likely to use instalment payments if available at their favourite store,” said Charlie Youakim, Sezzle Cofounder and CEO. “Our consumers recognise the benefits that responsible, flexible financing brings to their budget – their only dilemma has been lack of access. With Anywhere, we are bridging the gap and giving shoppers access to Sezzle everywhere.”