Bastion Management closes $150 million debt facility with Sezzle to fuel future growth
PUBLIC · SEZLMay 17, 2024
Amount Raised
$150 Million
Round Type
Funding Round
MinneapolisInformation TechnologyCommerce and ShoppingFinancial ServicesSoftwareMobileCommerce And ShoppingPaymentsE CommerceFintech
Investors
Bastion Management
Description
Bastion Management announced today the closing of a $150 million senior debt investment, with an accordion up to $225 million, in Sezzle Inc. The new facility will provide additional liquidity to fund the Company's future growth in the U.S. and Canadian markets and pursue new strategic initiatives.
Company Information
Company
Sezzle
Location
1516 W LAKE ST
Minneapolis, Minnesota, United States
About
Sezzle is a mission-driven fintech empowering the next generation with interest-free installment plans that enhance purchasing power online and in-store. Focused on transparency and inclusivity, Sezzle gives consumers tools to manage spending, take control of their finances, and work toward financial independence.
Fundz sees it the moment Sezzle raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
MinneapolisInformation TechnologyCommerce and ShoppingFinancial ServicesSoftwareMobileCommerce And ShoppingPaymentsE CommerceFintech