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BRIEF-Sezzle Posts Nov Record UMS $113 Mln

Published 03/12/2020, 12:21 pm
Updated 03/12/2020, 12:24 pm
© Reuters.

Dec 3 (Reuters) - Sezzle Inc SEZNL.PK :

* NOV RECORD UMS US$113.0 MILLION, UP 188.5% ON NOV 2019

* ANNUALIZED UMS REACHED US$1.36 BILLION, WELL AHEAD OF CO'S 2020 GUIDANCE OF OF US$1.0 BILLION

* AS AT NOV END, ACTIVE CONSUMERS 2 MILLION, UP 151.5%

* AT NOV-END, ACTIVE MERCHANTS 24,846, UP 164.5%

* CANADA PERFORMING "STRONGLY", PRODUCING FASTER UMS GROWTH RATES (YOY AND MOM) THAN US

* UMS FOR BFCM 4-DAY WEEKEND TOTALED US$28.5 MILLION, UP 146.4% ON SAME PERIOD LAST YEAR

* INTEGRATION ON WIX AVAILABLE TO ALL WIX MERCHANTS IN US, CANADA, INDIA AND POTENTIAL FUTURE REGIONS

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