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Bastion Management closes $150 million debt facility with Sezzle to fuel future growth

PUBLIC · SEZLMay 17, 2024

Amount Raised

$150 Million

Round Type

Funding Round

MinneapolisInformation TechnologyCommerce and ShoppingFinancial ServicesSoftwareMobileCommerce And ShoppingPaymentsE CommerceFintech

Investors

Bastion Management

Description

Bastion Management announced today the closing of a $150 million senior debt investment, with an accordion up to $225 million, in Sezzle Inc. The new facility will provide additional liquidity to fund the Company's future growth in the U.S. and Canadian markets and pursue new strategic initiatives.

Company Information

Company

Sezzle

Location

1516 W LAKE ST

Minneapolis, Minnesota, United States

About

Sezzle is a mission-driven fintech empowering the next generation with interest-free installment plans that enhance purchasing power online and in-store. Focused on transparency and inclusivity, Sezzle gives consumers tools to manage spending, take control of their finances, and work toward financial independence.

Fundz sees it the moment Sezzle raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsCharles Y., Executive Officer, Director hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Sezzle's next move

See what Strategic adds

Sezzle raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.