AFRM - 'Buy now pay later' fintech Sezzle reportedly plans U.S. IPO

Fintech firm Sezzle, which specializes in so-called “buy now, pay later” loans for consumers, reportedly plans a U.S. IPO – following in the footsteps of rival Affirm’s recent successful initial public offering.Australian news site The Market Herald reported that Sezzle, which is based in the United States but whose stock already trades on the Australian Securities Exchange, disclosed its IPO plans but hasn’t yet set terms for the deal.Sezzle’s shares soared in Australia on the news, rising 8.5% to 9.63 Australian dollars ($7.47 U.S.). That values the company at about 1.9B Australian dollars ($1.5B U.S.).Sezzle’s news comes on the heels of a generally successful January U.S. IPO for rival “buy now, pay later” company Affirm (AFRM).Affirm’s IPO priced at $49 a share, well above its expected $33-to-$38 initial price range. Shares then popped 98.4% on their first trading day to close at $97.24.The stock proceeded to rally to as high

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‘Buy now, pay later’ fintech Sezzle reportedly plans U.S. IPO