Shares belonging to the fintech company, Sezzle (ASX:SZL), listed on the ASX have experienced a significant increase, rising by as much as 21.8% to reach A$24.540.

This significant leap in share value has depicted the company’s best performance since May 1.

Sezzle (ASX:SZL) reports a substantial increase in its total income, which rose to $14.0 million in August 2023, a YoY increase of 44.3%.

During the same month, Sezzle (ASX:SZL) also recorded an adjusted EBITDA of $2.4 million.

Notably, 18,154 shares changed hands, compared against an average volume of 12,333 over the past 30 days.

Among three analyst opinions, one rated the stock a ‘buy’ or higher, one recommended a ‘hold’, whilst another suggested to ‘sell’, or lower, with the median share price target set at A$22.70 - according to Refinitiv data.

The stock has reached its highest level since June 19, bringing Sezzle’s (ASX:SZL) yearly increase to 27.8% up to its last close.

Sezzle (ASX:SZL) is a financially focused digital company that offers a platform for easy payments and purchases.