Financial Snapshot
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About Katapult Holdings, Inc.
Katapult Holdings, Inc. is an e-commerce focused financial technology company, which engages in the provision of e-commerce point-of-sale (“POS”) lease-purchase options for nonprime U.S. consumers. The company is headquartered in New York City, New York and currently employs 90 full-time employees. The company went IPO on 2019-11-05. The company offers e-commerce point-of-sale (POS) lease-purchase options for non-prime United States consumers. Its fully digital technology platform provides non-prime consumers with a flexible lease-purchase option to enable them to obtain durable goods from Company’s network of e-commerce retailers. The company primarily operates within the virtual lease-to-own (LTO) market. Its LTO platform offers customers an alternative to traditional financing of automotive goods, computers, electronics, home furnishings and other durable goods. The company has launched Katapult Cartridge for business-to-consumer commerce, an omnichannel solution, which is integrated directly with Salesforce and available on AppExchange for consumers who don’t have access to traditional financing or credit. Its platform can be integrated regardless of integration method: platform plug-in, developer documentation, and direct application programming interface.
Industry: Services-Equipment Rental & Leasing, NEC Peers: AMERICAN EXPRESS CO CONSUMER PORTFOLIO SERVICES, INC. CURO Group Holdings Corp. Elevate Credit, Inc. MEDALLION FINANCIAL CORP OLD MARKET CAPITAL Corp Oportun Financial Corp