MEDIUMVulnerability
Global
Sezzle applies for national bank charter
·Source: Finextra
Updated:
Executive Summary
Sezzle Inc. (NASDAQ: SEZL) (Sezzle or Company) today announced that it has filed an application with the Office of the Comptroller of the Currency (OCC) to charter a national bank, Sezzle Bank, N.A. and applied to the Federal Deposit Insurance Corporation (FDIC) for deposit insurance.
Analysis
Sezzle Inc. (NASDAQ: SEZL) (Sezzle or Company) today announced that it has filed an application with the Office of the Comptroller of the Currency (OCC) to charter a national bank, Sezzle Bank, N.A. and applied to the Federal Deposit Insurance Corporation (FDIC) for deposit insurance.