Wednesday 1 January 2020

California to reject Sezzle's application for lending license in state

A California state agency announced its intention to reject buy-now-pay-later company Sezzle Inc's application for a lending license in the state, sending its shares to a record low on Thursday. The California Department of Business Oversight (DBO), which oversees and regulates financial service providers in the state, issued a statement saying it would deny Sezzle's application.


from Reuters: Business News https://ift.tt/2ZHHy3H

No comments:

Post a Comment

Here's how to invest in the Q3 earnings season as profits re-accelerate despite misplaced recession myths

getty Earnings likely grew for the fifth consecutive quarter in Q3. Top strategists are eyeing 2025 results ahead of what's likel...