litigation
confidence high
sentiment neutral
materiality 0.55
Sezzle files antitrust lawsuit against Shopify for monopolistic BNPL practices
Sezzle Inc.
- Sezzle filed lawsuit against Shopify in U.S. District Court for Minnesota alleging federal and state antitrust violations.
- Suit seeks injunction to stop anticompetitive conduct and damages that could be tripled under applicable laws.
- Shopify-related revenue was less than 5% of Sezzle's total revenue in Q1 2025.
- Sezzle reaffirms fiscal 2025 guidance provided on May 7, 2025.
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