Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Fintech»Minnesota Timberwolves make fintech Sezzle new jersey patch partner
    Fintech

    Minnesota Timberwolves make fintech Sezzle new jersey patch partner

    August 12, 20242 Mins Read


    “They’re a fast-growing fintech company led by great people and I think they’re also at an inflection point in their organization,” Tanke said. “There was a ton of synergies as we got to know each other.”

    Plus, the two organizations have some connections. Sezzle co-founder Paul Paradis previously worked for the Wolves.

    Sezzle, a publicly traded company, developed a digital platform that allows consumers to make installment payments on purchases from groceries to furniture. Sezzle reported $56 million in revenue and $29.7 million in net income for its recent second quarter. The company, founded in Minneapolis in 2017, generated $159.3 million in sales 2023, up 27% over last year.

    As of June 30, Sezzle had 2.6 million active customers in the U.S. and Canada. Placement on the Wolves jersey exposes Sezzle to millions of sports fans that could become potential users of its app.

    A recent Nielsen survey found 40% of fans visited a brand’s website after seeing the sponsorship. Nearly a third of them actually bought from the brand because of its attachment to sports, and almost 70% said they are more likely to remember a company name if it sponsors a sport they are interested in.

    Matt Balvanz, senior vice president of analytics and innovation at Navigate, a Chicago-based sports and entertainment consulting firm, called the partnership “a pretty smart deal all around.” The NBA recently signed a new television rights deal valued at $76 billion and the Wolves have one of the fastest-growing fan bases in the NBA due to its latest playoff run and popularity of star player Anthony Edwards, he said.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    le salut passe par l’intelligence artificielle couplée à la blockchain

    Fintech

    le salut de l’intelligence artificielle couplée à la blockchain ?

    Fintech

    Le LQWD Canadian FinTech renforce Bitcoin Holdings, totalise maintenant 166 BTC

    Fintech

    Yellow Card s’associe à Visa pour promouvoir les paiements stables en Afrique

    Fintech

    Skarlett lève 8 millions d’euros pour devenir le chouchou des retraités

    Fintech

    5 conseils pour une adoption efficace de l’IA

    Fintech
    Leave A Reply Cancel Reply

    Top Picks
    Fintech

    Djamo, la néobanque qui veut bancariser l’Afrique francophone, lève 17 millions de dollars

    Cryptocurrency

    Cryptominers made $100,000 from mining at an Airbnb for three weeks — the guests ran up a $1,500 electricity bill

    Precious Metal

    Where are Precious Metals Heading in Q3 and Beyond? — TradingView News

    Editors Picks

    6 African Startups Named in CB Insights’ 2024 Fintech 100 List

    October 25, 2024

    Dhunseri Investments Limited annonce la démission de Mrigank Dhanuka en tant qu’administrateur non exécutif et non indépendant. -Le 13 février 2025 à 10:39

    February 13, 2025

    What is XRP? A Cryptocurrency Created For the Financial Sector

    January 31, 2025

    Dernières actualités des Insiders de Alpha Copper (PP0) – Bourse BOERSE MUENCHEN

    February 22, 2025
    What's Hot

    Trump’s Crypto Summit: A New Era for Digital Currency

    March 7, 2025

    La préfecture de la Gironde va bien rejeter le projet de nouveaux puits de pétrole sur le Bassin d’Arcachon

    June 4, 2025

    Le Real Madrid a entamé les démarches avec cet entraîneur, et ce n’est pas Xabi Alonso

    April 29, 2025
    Our Picks

    Digital currency comes to farmers’ aid – Economy News

    May 14, 2025

    Early-stage VC firm 8i Ventures exits M2P Fintech with massive 12x returns

    October 18, 2024

    ‘When Markets Crash, New Investments Stop, Consumers Stop Spending Money’

    April 12, 2025
    Weekly Top

    Rencontre avec Tabahi, seul groupe de thrash metal du Pakistan

    June 20, 2025

    Tout comprendre à la nouvelle étiquette énergie des smartphones

    June 20, 2025

    Silver Viper finalise l’acquisition du projet aurifère-cuivrique Cimarron

    June 20, 2025
    Editor's Pick

    Statrys Named Among Top 10 Fintech Companies in Hong Kong, Highlighting Client Trust and Steady Growth

    August 14, 2024

    Three Speakers Join FinTech LIVE London Global Summit

    October 16, 2024

    Explore Novak Djokovic’s Houses Around the World

    August 1, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.