Sezzle Sizzles at open.


No surprises here as Sezzle peaked at over 110% in the first few hours of trade today, hitting almost $2.60 vs the $1.22 ask - Prices have since settled to around the $2.20 mark, still a comfortable 95%+ up from the float and continue to soften as we approach Power Hour.

The market is expecting big things, as it has with all Buy Now, Pay Later (BNPL) providers, as Sezzle enters a sector currently dominated by the likes of AfterPay, Zip Pay and Splitit. There were a few eyebrows raised, suggesting Sezzle may not be a strong enough proposition to list in it’s home country, the U.S. but it appears Aussies are happy to welcome it onto the ASX.

This will be one to watch moving forward, wkeep tabs on the 2019 Scorecard.