Sezzle, which works in buy now, pay later (BNPL) technology, has partnered with outdoors company Cotopaxi, helping Sezzle get further into that realm of retail.
According to a Wednesday (Jan. 12) press release, Sezzle already works with other clients like Keen, Orca, Altitude Sports, Dragon Alliance, Hobie Eyewear, Optic Nerve and more.
The release says Sezzle’s mission is to “financially empower the next generation,” making a better world through ethical initiatives. Per the release, both Sezzle and Cotopaxi profess to work toward environmental goals in their business.
“We’re thrilled to partner with Sezzle as a fellow B Corp and Climate Neutral organization, to enable flexible payment options for our valued customers,” Cotopaxi CEO Davis Smith said in the announcement. “These strategic partnerships are not only beneficial to the customer experience, but also align with our own company values and missions as an impact-driven brand.”
Meanwhile, Sezzle chief revenue officer Veronica Katz said the partnership will help with “honoring our pledge to support social good and environmental sustainability while providing shoppers with a responsible way to budget.”
“Our company is committed to a purpose-driven approach to financing, guiding our hand in creating meaningful ways to improve the world around us,” Katz continued. “We are thrilled with the opportunity to partner with such an incredible, mission-driven company like Cotopaxi.”
PYMNTS reported last fall that Sezzle has also partnered with Alliance Data Systems, a payments company, to offer installment loans through the Bread business, which Alliance bought in December 2020.
Read more: Sezzle, Bread Partner on Loan Program
The companies said Sezzle would help more customers, making use of the underwriting and installment loan product to help people buy big ticket items. It will also offer “a comprehensive product suite.”
Bread offers installment loans of three to 48 months, which will go with Sezzle’s BNPL options. The partnership will involve Bread making loans through Comenity Capital Bank, its affiliate.
We’re always on the lookout for opportunities to partner with innovators and disruptors.
Learn More