Sezzle Takes Action Against Shopify for Antitrust Violations

Author: Addison Perry Updated: 06-09-2025 05:45 PM

Sezzle Initiates Legal Proceedings Against Shopify

In a significant move, Sezzle Inc. (NASDAQ: SEZL), a uniquely driven digital payment platform, has filed a lawsuit against Shopify in the U.S. District Court for the District of Minnesota. The lawsuit claims that Shopify is participating in monopolistic practices that inhibit competition for buy now, pay later services within its ecommerce platform.

Understanding the Allegations

The core of Sezzle's grievance rests on allegations that Shopify's operations are stifling competition, limiting consumer choices, and engaging in anticompetitive behaviors that undermine fair market practices. The lawsuit seeks an injunction to halt these actions from Shopify, thereby fostering a more competitive environment in the digital payments space.

Sezzle's Mission and Values

According to Charlie Youakim, Sezzle's Chairman and CEO, the company holds a firm commitment to promoting a competitive and transparent payments ecosystem. He expressed that this legal action is a vital step to ensure merchants and consumers enjoy diverse and innovative payment solutions.

Latest Business Updates from Sezzle

Recently, Sezzle shared key business insights which highlight its operational performance. For instance, during the first quarter, the revenue from transactions linked to Shopify's platform constituted less than 5% of Sezzle's total earnings. Furthermore, the company remains confident about maintaining its fiscal guidance for 2025, reaffirming its projections previously discussed in its earnings release.

Sezzle’s Impact on Financial Independence

Sezzle Inc. is not just a player in the fintech space; it's a powerful force dedicated to financially empowering the next generation. By offering innovative payment options and services, Sezzle has successfully connected millions of consumers to various merchants, enhancing their purchasing abilities while maintaining a commitment to transparency and inclusivity.

Contact Information for Inquiries

For any inquiries, you can reach:

Lee Brading, CFA
Investor Relations
+1 651 240 6001
InvestorRelations@sezzle.com

Erin Foran
Media Inquiries
+1 651 403 2184
erin.foran@sezzle.com

Frequently Asked Questions

What led Sezzle to file a lawsuit against Shopify?

Sezzle filed a lawsuit against Shopify alleging monopolistic practices that limit competition in the buy now, pay later market.

What are Sezzle's objectives with this legal action?

The objective is to secure an injunction against Shopify's anticompetitive behavior to promote fair competition and consumer choice.

How much revenue does Sezzle generate from Shopify?

Revenue linked to Shopify's platform represents less than 5% of Sezzle's total revenue as reported in the first quarter.

Who can be contacted for investor relations at Sezzle?

Lee Brading, CFA, is the contact for investor relations at Sezzle.

What is Sezzle's commitment to customers?

Sezzle focuses on fostering transparency, inclusivity, and responsible spending to help customers achieve financial independence.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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