Sezzle

Eight Aussie startups that raised $104.4 million this week

Weekly roundup of eight Australian startup raises, led by Sonder's $40 million round, plus AMP's $20 million raise and acquisition of the Shopify app Back in Stock.

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A Note from the Founders: Big News, Big Thanks!

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Ignition Lane's Weekly Wrap: Venture capital is down, but a long way from out

Ignition Lane's weekly wrap reports falling Australian venture funding, lists several startup raises and fund raises, covers Chargefox's acquisition, Volt's closure, the Zip-Sezzle merger termination, and global tech news.

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Zip and Sezzle terminate merger

Zip and Sezzle have called off their merger agreement, citing market conditions. Sezzle receives an eleven million US dollar payment from Zip to cover transaction-related costs.

Ignition Lane's Weekly Wrap: Super-fast unicorn, VC funding boom, put another founder on a Barbie

Ignition Lane's weekly roundup: Zip's deal for Sezzle, Zeller's unicorn raise, several Australian funding rounds, Startmate backing Provvy, a space manufacturing grant, NZVC's first close, and tech's response to Russia.

Zip swallows Sezzle in $491 million BNPL takeover

Zip to acquire BNPL competitor Sezzle in $491 million deal

Zip has agreed an all-scrip takeover of US-based BNPL rival Sezzle, valuing it near $491 million, with Sezzle shareholders to hold roughly 22% of the combined group once the deal closes.

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What’s your BNPL startup really worth?

Analysis of Zip's move to acquire Sezzle and what public-market pricing implies for BNPL company valuations, alongside a roundup of recent funding raises by installment-credit startups.

Discover Financial Services invests US$30m in Sezzle

Discover Financial Services has agreed a US$30 million share placement in ASX-listed fintech Sezzle at US$6.58 per share, with a proposed partnership spanning Discover's payments network and a referral program.

White label BNPL Limepay raises another $21 million ahead of 2021 IPO

Sydney BNPL fintech Limepay has raised $21 million from existing investors in a pre-IPO round, seven months after a $6 million raise, with EB Games signed as a client.

Also SmartCompany·Australian FinTech·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Australian FinTech

Sezzle’s share price has gone ballistic after an $80 million raise

ASX-listed buy now pay later lender Sezzle confirmed an institutional placement and share purchase plan totalling A$86.3 million, and its shares surged more than 20 percent on resuming trade.

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IPO Watch: Profitable lender MoneyMe is the latest fintech to join the ASX

Personal lender MoneyMe lists on the ASX, with most staff investing in the IPO. Founder Clayton Howes says the listing aids expansion, while other 2019 fintech listings saw strong gains.

Also SmartCompany·Australian FinTech·Startup Daily

Zip & Afterpay rival Sezzle Inc debuts on ASX following its oversubscribed IPO

Payments company Sezzle has begun trading on the ASX after completing an oversubscribed initial public offering that raised A$43.6 million, with funds earmarked for growth, product development and merchant expansion.

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