Charlie Youakim news and trends

BNPL’s Surge in 2023: Impact, Adoption and Regulatory Crossroads
Buy Now Pay Later // December 28, 2023

From its nascent stages to its maturing as a force reshaping retail and eCommerce, installment plans, particularly buy now, pay later (BNPL) services, marked a pivotal chapter in 2023. Amid high inflation and rising costs, the payment method allowing consumers to access goods through short-term, interest-free...

FinTechs Grapple With Regulation Amid Pursuit of Profits
Data // December 05, 2023

For almost all FinTechs — and especially for publicly traded firms — it has been a bumpy ride these past few years. Stock prices have been volatile. An overwhelming majority of the names tracked by the FinTech IPO Index trade with “busted” status, or below...

Data Helps FinTechs Forge Much-Needed Path to Profitability
Data // November 28, 2023

For FinTechs, capturing data, analyzing it, and perhaps even monetizing it through partnerships will help determine who’s profitable, and ultimately, which FinTechs survive and thrive. And profits are sorely needed. As Sezzle CEO Charlie Youakim told Karen Webster, “it’s going to be a tough year.”...

Sezzle CEO Says Real-Time Business Payments Improve Velocity of Money and the Economy
B2B Payments // November 13, 2023

The pain of using checks in B2B transactions is now starkly apparent. Sezzle CEO Charlie Youakim told Karen Webster that buyers and suppliers are actively looking to replace the paper check with digital conduits that get payments done more quickly — and in a cost-effective...

Interviews & Exclusives
Sezzle CEO Says Real-Time Business Payments Improve Velocity of Money and the Economy

November 13, 2023
The pain of using checks in B2B transactions is now starkly apparent. Sezzle CEO Charlie Youakim told Karen Webster that buyers and suppliers are actively looking to replace the paper check with digital conduits that get payments done more quickly — and in a cost-effective manner. Real-time payments — cementing the ability to pay merchants […]

‘Candid Conversations’ and Credit Building Help Consumers Survive the Paycheck-to-Paycheck Economy

October 11, 2023
The U.S. consumer is barely making ends meet and is one emergency expense away from financial dire straits. They’re also in need of financial education and some guidance before things...

Financial Education Can Help Subprime Consumers Triple Borrowing Capacity

August 31, 2023
In a credit-based economy like the United States, credit scores have a big impact on consumers’ ability to access loans and afford everyday essentials. But as noted in the report...

BNPL Used as Budgeting Tool, Especially by Millennials, Says Sezzle CEO

August 03, 2023
Millennials’ financial well-being might be a bit shaky — or soon will be. The pause on student loan payments is set to end, and the much-anticipated loan forgiveness floated by...

Quick Reads
BNPL Platform Sezzle Starts Trading on Nasdaq

August 17, 2023
Sezzle, the digital payments platform, started trading on Nasdaq on Thursday (Aug. 17), according to the company. To kick off the occasion, Sezzle executives rang the opening bell to start trading for the day at 9 a.m. ET. In an email to PYMNTS, the company said its shares would be listed under the ticker symbol […]

Sezzle Awarded ‘Top FinTech’ Recognition by CNBC

August 02, 2023
Payments platform Sezzle has been named one of CNBC’s top FinTechs. The award for the World’s Top Fintech Companies 2023, announced Wednesday (Aug. 2), places Sezzle among those companies “building innovative, tech-enabled...

Sezzle Targets Higher Frequency Purchases With New Pay-in-2 Option

May 16, 2023
Sezzle now offers consumers the option to split purchases into two payments. The installment payment platform’s new Pay-in-2 buy now, pay later (BNPL) product lets shoppers pay 50% at the time...

Sezzle Marks 3rd Straight Profitable Quarter as BNPL Volumes Grow

May 16, 2023
Sezzle saw its volumes increase in its most recent quarter, while seeing continued profitability. The buy now, pay later (BNPL) firm announced earnings Monday (May 15) that showed its monthly...