Sezzle Inc. Receives Approval for Lending License in California

  • Jan 17, 2020 AEDT
  • Team Kalkine

Sezzle Inc. (ASX:SZL) has announced that the State of California Department of Business Oversight (DBO) has approved the company’s application for a lending license in the State of California.

This ensures that the company can continue to operate seamlessly in the State of California, further solidifying its position as the leading US-based instalment payment platform.

The DBO lending license approval allows for a seamless transition of services from this prior structure to the direct lending structure.

At AEDT (1:17 PM), the stock was trading higher at $2.06, up by 16.38 per cent from the previous close.

 

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