Sezzle founder and chief executive Charlie Youakim says the US-based buy now, pay later business is better off without axed merger partner Zip Co, as it aims to turn profitable in its own right by the end of this year.
Shares in the ASX-listed junior surged as much as 46 per cent on Friday to $1.49, before surrendering the gains to trade at 99¢ in the afternoon, down 2.94 per cent.
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
