Sezzle partners with Wayflyer to launch Sezzle Capital
By Leandra Monteiro
Sezzle, a purpose-driven payments company, announced the upcoming launch of ‘Sezzle Capital’, a program enabling retail partners with working capital up to US$10 Million.
Powered by Wayflyer, a hassle-free, flexible funding platform, Sezzle provides merchants with a bridge to fast, affordable, unsecured funding. The new program solves the difficult task eCommerce businesses have in sourcing working capital. With higher approval rates than traditional lending and simple pricing models, it will extend its mission of financial empowerment to small businesses.
The payment company’s mission is to financially empower next-gen consumer. The launch of this new program is the next step in the company’s mission to provide an unparalleled program to merchants through responsible lending. The partnership with Wayflyer allows Sezzle to provide much needed financing to its merchant partners without any credit risk or additional capital requirements to the company.
“As Sezzle works to enable eCommerce growth by providing financing to the consumer, Wayflyer works to enable growth by providing financing directly to eCommerce businesses, enabling brands to get in front of more consumers for accelerated online growth,” said Wayflyer CEO, Aidan Corbett. “We’re excited to partner with them and help take the next generation of great brands to new heights.”
“We’ve listened carefully to our merchants and we understand that one of their biggest pain points is cash flow,” said Sezzle President, Paul Paradis. “By providing quick and effective access to funding, Sezzle Capital will ensure our merchants are less stressed about the day-to-day and fully focused on growing their businesses while at the same time it helps to strengthen our relationships with our customers”
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September 28, 2023
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