Sezzle Inc. (ASX: SZL) has reported on overwhelming trading during the Black Friday/Cyber Monday period. The company added over 36k new active customers compared to 8k new active customers in 2018.
- Underlying merchant sales (UMS) increased 402 per cent over 2018 (USD 11.3 million).
- The declining use of credit card and cash payment is driving Sezzle business.
- For the twelve months to 30 September 2019, UMS was USD 157.5 million.
By 1:52 PM AEST, SZL was trading at $2.34, up by 0.42 per cent from the previous close.
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