News: SZL Sezzle Inc Says Its Relationship With SVB Is Limited To Funds On Deposit

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    March 13 (Reuters) - Sezzle Inc SEZNL.PK :

    • SEZZLE'S RELATIONSHIP WITH SVB IS LIMITED TO FUNDS ON DEPOSIT
    • SEZZLE HAD TOTAL CASH AND CASH EQUIVALENTS OF APPROXIMATELY US$68.0 MILLION AS OF 10 MARCH 2023, OF WHICH US$1.2 MILLION WAS HELD AT SVB
    • FUNDS ON DEPOSIT WITH SVB ARE NOT MATERIAL TO COMPANY'S ONGOING BUSINESS OR OPERATIONS
 
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