Admin Jun 5, 2019 9:17:47 AM 1 min read

Sezzle plans to go public in Australia

Via Star Tribune

"Sezzle, the emerging Minneapolis fintech firm focused on a zero-interest, layaway-style payment tool for people without conventional credit, is raising capital.

Sezzle hopes to raise up to $30 million through an initial public offering on Australia’s ASX exchange in June or July. The company chose to file on the Aussie ASX exchange because it's less restrictive for early-stage companies and because competitors have launched from Melbourne.

Sezzle brass met this spring with Australian securities regulators and local investors.

“Now is the right time to go public in Australia because investor demand is very high and it gives us access to a large amount of capital at a very critical inflection point for our company,” said Sezzle Chief Revenue Officer and co-founder Paul Paradis."

Check out the full article here