Sezzle Inc., the Minneapolis-based financial-tech firm, announced Monday it filed to go public on the U.S. market.
The company, which provides a payment installment option for online retailers, submitted a draft Registration Statement on Form S-1 with the Securities and Exchange Commission (SEC). The number of shares and the price range for the proposed IPO haven't been determined yet.
The IPO is expected to take place after the SEC completes its review process and is subject to market conditions.
Sezzle is already a public company. It's been listed since 2019 on the stock exchange in Australia, where the company's buy-now, pay-later business model is more established. The stock has since gained 182%.
Sydney-based Financial Review reports Goldman Sachs will underwrite the offering, since it's Sezzle's lender in the United States.
In July, Sezzle announced a $30 million investment from Discover which will go towards a buy now, pay later platform on the Discover Global Network.
