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BNPL Firm Sezzle Allies With Ally Lending To Expand Loan Options

PYMNTS

The FinTech Sezzle has struck up a partnership with Ally Lendin g, a digital financial services company. This will allow the Minneapolis-based Sezzle to offer more long-term loans. Ally's dedication to its customers and commitment to innovation aligns with our own vision and culture.”.

Lending 198
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Sezzle Names Former PayPal Exec To Lead Sales

PYMNTS

Sezzle , the Minneapolis-based installment-based payments platform, has announced the appointment of Reid Bork to its leadership team. In the newly created role, he will be responsible for leading the company’s large-scale retail acquisition efforts. In January, Sezzle was denied a crucial lending license from California.

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2021 GonzoBanker Awards

Gonzobanker

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 147
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Ballard Spahr Submits Comment Letter to OCC in Support of Proposed True Lender Rule

CFPB Monitor

Our letter draws on Ballard Spahr’s two-plus decades of experience in representing banks and savings associations (“Banks”) in establishing lending programs (“Bank-Agent Programs”) where a Bank obtains substantial assistance from a fintech or other non-Bank company (an “Agent”) to offer Bank loans to consumers or small businesses.

FDIC 78
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Sezzle Adds Former PayPal Executives as Advisors

Fintech Labs Insights

Scott Guilfoyle and Annick Fuchs will serve as advisors for the Minneapolis, Minnesota-based payments innovator. Fuchs (below), who launched her law firm fuchsLAW this spring, pointed to her background in fintech in general and payments in specific as one reason why Sezzle was a good fit. ” . And in charging 1.5%

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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. So many miles to go, retail bankers! It is an innovator with tech (e.g., Netflix co-founder Marc Randolph said the leading trait of an innovator is identifying pain.

Idaho 148
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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Named 2015 CFO of the Year (Kurt Ishaug) by Minneapolis-St. Honored as the Innovation Showcase Award winner by the attendees of the BAI Retail Delivery conference. Named by Self Lender as 1 of 3 startups who is “absolutely crushing it” in fintech. Earned spot on first Forbes Fintech 50. in one year.