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BNPL firm Sezzle to cut 20% of its jobs in North America, shares jump

(Reuters) - Sezzle Inc said on Thursday it will cut 20% of its positions in North America, and likely take about $0.5 million in one-time cash charges.

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Zip to acquire US BNPL for $491m

The merger will see the Australian buy now, pay later platform continue expanding its foothold, and focus, across the North American market. An arrangement between Zip Co Limited (Zip) and its US-ba

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Zip buying Sezzle s pressures on BNPL fintechs mount

With the buy now/pay later market cooling and regulatory scrutiny increasing, Zip aims to rapidly scale with merchants and consumers.

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Buy-now, pay-later company Sezzle will be sold in $352M deal

The merger of Australian company Zip and Minneapolis-based Sezzle is expected to close in the third quarter.

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ZIP ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE SEZZLE, SUPPORTING SUSTAINABLE GROWTH STRATEGY AND PATH TO PROFITABILITY AND EQUITY CAPITAL RAISE OF UP TO A$198 7 MILLION[1]

/PRNewswire/ Zip Co Limited (ASX: Z1P) ("Zip") and Sezzle Inc. (ASX:SZL) ("Sezzle") are pleased to announce they have entered into a definitive agreement.

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