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Sezzle Inc (SZL.AX), a rare U.S.-based buy-now-pay-later lender, shone in its debut on the Australian Securities Exchange on July 23, 2019, leveraging Australian investors’ familiarity with the sector and nearly doubling its value by the day’s end. The Minneapolis-based company, yet to post a profit, only operates in the United States and Canada and said it will fund growth in those two countries with the A$43.6 million ($30.03 million) it raised from the oversubscribed IPO.
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