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New Deal


Announced

Discover Financial Services to invest $30m in Sezzle.

Financials

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Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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FinTech

Minority

Public

financial technology

Single Bidder

United States

Acquisition

Domestic

Pending

Friendly

Synopsis

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Discover Financial Services, a credit card brand issued primarily in the United States, agreed to invest $30m in Sezzle, a financing institution that offers technology-driven payment platform. “We are excited about our relationship with Discover, as we believe our mission, vision, and values align. Discover’s capabilities via their network and financial products will enhance our own offerings and provide more paths to financially empower our consumers," Charlie Youakim, Sezzle Executive Chairman and CEO.

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