Sezzle Launches New Smart Shopping Features to Help Consumers Amidst Low Confidence

Sezzle Inc. (NASDAQ:SEZL) is one of the best young stocks to buy and hold for 5 years. On June 30, Sezzle launched a new suite of features designed to help consumers manage increasing financial pressures. The launch came amid record-low consumer confidence, with the Conference Board’s index recently dropping to its lowest level since May 2020.

Sezzle aims to create an intuitive shopping experience by integrating product discovery with personalized deal surfacing and a faster checkout flow. The price comparison tool, in particular, has proven effective, with 49% of users who were presented with multiple store options reporting savings of $5 or more by choosing the lowest-priced option.

Additionally, Sezzle Balance, which is a pre-loadable digital wallet, simplifies the repayment process. Since its launch, shoppers have loaded over $65 million into Sezzle Balance. Two beta features were also introduced: Express Checkout, which is a streamlined flow for returning shoppers, while the Browser Extension will automatically prompt shoppers to earn Sezzle Spend and access available coupons.

Sezzle Inc. (NASDAQ:SEZL) operates as a technology-enabled payments company primarily in the US and Canada.

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Disclosure: None. This article is originally published at Insider Monkey.