Payment platform Sezzle said it has confidentially submitted a draft registration statement for an initial public offering (IPO) to the U.S. Security and Exchange Commission.

Sezzle said in a press release that neither the number of shares nor price had been revealed. The IPO will likely take place after the SEC completes its review process, subject to market conditions.

The announcement was approved by the company’s CEO and executive chairman Charlie Youakim on behalf of Sezzle’s board.

Illustration courtesy Sezzle