Sezzle, Cotopaxi Team on BNPL for Outdoor Retail

Sezzle, which operates in buy now, pay later (BNPL) technology, has partnered with outdoor company Cotopaxi, helping Sezzle push further into this retail space.

According to a Wednesday, January 12 press release, Sezzle is already working with other clients like Keen, Orca, Altitude Sports, Dragon Alliance, Hobie Eyewear, Optic Nerve and more.

The release states that Sezzle’s mission is “to financially empower the next generation,” to create a better world through ethical initiatives. According to the statement, Sezzle and Cotopaxi say they are working to achieve environmental goals in their business.

“We are thrilled to partner with Sezzle as a B Corp and Climate Neutral organization, to provide flexible payment options to our valued customers,” Cotopaxi CEO Davis Smith said in the announcement. “These strategic partnerships not only benefit the customer experience, but also align with our own company’s values ​​and missions as an impact-driven brand.”

Meanwhile, Sezzle Chief Revenue Officer Veronica Katz said the partnership will help us “honor our commitment to supporting social good and environmental sustainability while providing buyers with a responsible way to budget.”

“Our company is committed to a purpose-driven approach to fundraising, guiding us in creating meaningful ways to improve the world around us,” Katz continued. “We are thrilled at the opportunity to partner with such an incredible and mission-driven company like Cotopaxi.”

PYMNTS reported last fall that Sezzle also partnered with Alliance Data Systems, a payments company, to offer installment loans through the Bread business, which Alliance purchased in December 2020.

Read more: Sezzle, Bread Partner on Loan Program

The companies said Sezzle would help more customers, using the subscription and installment loan product to help people buy big-ticket items. It will also offer “a full suite of products”.

Bread offers installment loans from three to 48 months, which will go with Sezzle’s BNPL options. The partnership will involve bread making loans through Comenity Capital Bank, its subsidiary.

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