CA Denies Lending License For BNPL Firm Sezzle
PYMNTS
JANUARY 2, 2020
Sezzle and other BNPL firms, which give young shoppers easy credit to spend online, have recently grown in use , but their business model has drawn increased scrutiny from regulators, concerned over whether this financial arrangement is essentially a traditional bank loan. “Whereas, Sezzle is only in the U.S., ”
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