Spare a thought for Charlie Youakim, the founder of buy now, pay later group Sezzle. This time last year we covered how the North American fintech entrepreneur was sitting on an $800 million paper fortune as wild enthusiasm for the buy now, pay later sector catapulted Sezzle shares to $9.20 on June 15.
Sezzle boss Charlie Youakim rings the bell with CFO Karen Hartje on its 2019 initial public offer priced at a $1.22 per share.
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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