- Buy now, pay later business Sezzle (SZL) is set to team up with the lending branch of America’s best online bank
- The ASX-lister has inked an agreement with Ally Lending, which forms part of leading digital services company, Ally Bank
- Essentially, the new deal will give Sezzle merchants and customers more ways to pay
- Under the agreement, customers can access long-term financing options, adding to the financials stock’s existing short-term, interest-free repayment plans
- Currently, Ally Lending hosts an online loan application and approval process
- Following the news, Sezzle shares are up 5.55 per cent, trading for $6.85
