The BNPL pie is enough for everyone to take a big slice. Just...

The BNPL pie is enough for everyone to take a big slice. Just like banks many can thrive. Why would Sezzle lose loyal customers with good credit limits to start a new account with someone else and a low limit? Sezzle has a unique service so is better positioned than most to retain and attract customers.

For the last 12 months, Sezzle quarterly profit has been in $USD:

Dec $500k
March $1.7m
June $1.1m
Sept ?

July & Aug so far $700kSo it's looking like another good quarter and while these are relatively small numbers, so is the current company valuation. It'll also be 4 quarters of profit.

Both Nasdaq and ASX Sezzle are trading at low volumes, but no matter what date ranges you put in, broker data this year pretty much shows institutional investors are the largest net buyers of this stock espec on high volume days.