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Sezzle Wins $10,000 from Securian in MN Cup Startup CompetitionSecurian Financial Group has granted $10,000 to Sezzle, a Minneapolis-based digital payment startup company, as the first winner of a new award for innovation shaping the future of financial services or life insurance through technology. The Securian-sponsored award is part of MN Cup, an annual statewide startup competition organized by the Carlson School of Management at the University of Minnesota. Sezzle is a next-generation payment platform that enables businesses to reduce payment processing costs and consumers to receive cash back rewards through digital bank-to-bank payments. Initially developed for online transactions, Securian believes Sezzle's customer-centric design holds potential for any business with recurring customer payments, including life insurers and financial services companies. "Securian is proud to support MN Cup in fostering innovation and supporting the growth of new, Minnesota-born business ideas," said Siddharth Gandhi, Securian's chief strategy and customer engagement officer. "Sezzle is a great example of how financial technology can improve customer experiences and deliver cost benefits and other value to businesses. We commend Sezzle for their innovation and congratulate them on being our first winner." "Sezzle is honored to be chosen by Securian as the most innovative company in the Minnesota Cup shaping the future of financial services," said Charlie Youakim, Sezzle's chief executive officer. "Securian has a long history of serving the Twin (News - Alert) Cities community and of providing much-needed financial solutions to its customer. We hope to follow Securian's example, by solving problems that exist within financial services today, and by giving back to the local community in the process." Sezzle and other startup companies were honored on Thursday, September 22, at the MN Cup Final Awards Reception, held at the McNamara Alumni Center on the University of Minnesota campus.
ABOUT SECURIAN FINANCIAL GROUP
ABOUT SEZZLE
ABOUT MN CUP
DOFU 09-2016
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