Thanks, I appreciate the detailed reply.Looking at BNPL peers, I...

Thanks, I appreciate the detailed reply.

Looking at BNPL peers, I think Sezzle's AOV (average order value) may be just north of $100 USD. I wasn't aware the convenience fee was $1 (good find!). So we are looking at a maximum of $3 additional revenue per order - which is massive! This won't apply in all US states and won't apply to ACH repayments. But as a very rough estimate, I'd like to think these fees add at least an extra $1m USD per month to Sezzle's revenue, above the November 2022 result.

As you are aware, Sezzle will soon rollout their Pay Anywhere feature. Any view on the sort of UMS uplift that may result when this is ultimately rolled out?

If Sezzle can deliver profitability and growth in 2023, amidst a US recession, they will turn heads and begin to be viewed as a sustainable business.