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The
Sezzle Inc(ASX: SZL) share price is trading lower on Friday following the release of its fourth quarter update.
In afternoon trade, the buy now pay later provider’s shares are down 2% to $8.12.
How did Sezzle perform in the fourth quarter?
For the three months ended 31 December, Sezzle reported a 205.4% increase in underlying merchant sales (UMS) to US$320.8 million ($419.8 million). This was also a 40.6% quarter on quarter increase.
This meant that at the end of the period, Sezzle’s annualised run rate UMS reached US$1.36 billion.
According to the release, this strong growth was driven by an increase in active customers, merchants, and repeat usage. ....

Charlie Youakim , Scott Phillips , Sezzle Inc , Thursday Boots , Executive Chairman , Active Consumers , Active Merchants , Repeat Usage , Pure Hockey , Motley Fool Share Advisor , ஸ்காட் பிலிப்ஸ் , வியாழன் பூட்ஸ் , நிர்வாகி தலைவர் , செயலில் நுகர்வோர் , செயலில் வணிகர்கள் , மீண்டும் பயன்பாடு , தூய்மையானது ஹாக்கி ,