Zip, which owns the Quadpay brand in the U.S., said the two firms agreed to pull the deal because of "current macroeconomic and market conditions", without elaborating.
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Australian BNPL star Zip pulls buyout of rival amid tech rout
Sezzle remains "dedicated to driving toward profitability and free cashflow," Executive Chairman Charlie Youakim said, adding, "(We) believe this is the best outcome for our shareholders."
