Drop Technologies Inc. Partners with “Buy Now, Pay Later” Platform Sezzle to Financially Empower Shoppers
TORONTO–(BUSINESS WIRE)–Drop Technologies Inc. (Drop) announced today its partnership with “Buy now, pay later” solution Sezzle, the highest shopper-rated alternative payment platform that offers interest-free installments for up to 6 weeks. As shoppers continue to navigate economic uncertainty as a result of the Covid-19 pandemic, the newly launched partnership is designed to financially empower the next generation of change-makers.
Housed on Drop’s free rewards app – available for download on the App Store and Google Play – the deal offers new and existing Sezzle customers the opportunity to earn Drop points back on every purchase they make when using Sezzle. Sezzle’s interest-free solution has no impact on credit scores, so shoppers have the ability to get their financial ducks in a row – without abandoning their carts in the process.
“We’re thrilled to announce our partnership with Sezzle,” says VP, Strategic Partnerships and Client Success at Drop, Matt Himel, adding that the offer will first be available in Canada, with hopes of expanding to other markets soon. “Given our company mission – to inspire individuals to live their optimal lives by empowering them financially – teaming up with Sezzle was a no-brainer. We’re excited to further reward our members for the shopping they do every day, and activate a new frontier of financially empowered shoppers.”
As Millennials and Gen Z grapple with rising student loan debts and increased living costs, Sezzle’s flexible payment plan helps to keep their day-to-day wants and needs in reach.
Drop’s partnership with Sezzle is available via the Drop app today.
About Drop
Drop is on a mission to level-up consumer lives, one reward at a time. Through its personalized commerce platform, Drop intelligently surfaces the right brands, at the right time, to make members’ everyday better than it was before. Powered by machine learning, Drop matches consumers with over 200+ partner brands to satisfy two main goals: to earn points from their purchases and redeem them for instant rewards. Calling Toronto home but operating under a global mindset, Drop is building the next level experience for our 3 million+ members across North America.
For more information, visit: www.joindrop.com.
About Sezzle Inc.
Sezzle is a rapidly growing fintech company on a mission to financially empower the next generation. Sezzle’s payment platform increases the purchasing power for more than 2.2 million Active Consumers by offering interest-free installment plans at over 26,000 online stores and select in-store locations. Sezzle’s transparent, inclusive, and seamless payment option allows consumers to take control over the spending, be more responsible, and gain access to financial freedom. When consumers apply, approval is instant, and their credit scores are not affected, unless the consumer elects to opt-in to Sezzle’s credit building feature – Sezzle Up.
This increase in purchasing power for consumers leads to increased sales and basket sizes for the more than 26,000 Active Merchants that offer Sezzle.
For more information visit Sezzle.com.
Follow Sezzle on social media: LinkedIn | Instagram | Facebook | Twitter
Contacts
Matt Himel
VP, Strategic Partnerships and Client Success, Drop
[email protected]
