Sezzle, Zip Deal Shows BNPL’s Consolidation Trend May Continue in 2022

Payments
Written By Rick Watson

Zip offers point-of-sale credit and digital payment services in 14 geographies around the world, including through strategic investments, connecting millions of customers with its global network of tens of thousands of merchants.

Sezzle’s payment platform increases the purchasing power for millions of active consumers by offering interest-free instalment plans at online stores and in-store locations.

Still a very hot space. Consolidation is happening though with Afterpay being scooped up and Affirm IPO. You need scale to survive in this market now.

PYMNTS: Sezzle, Zip Deal Shows BNPL’s Consolidation Trend May Continue in 2022

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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