Provider of lease-to-own solutions for e-commerce platforms and retailers, offering alternative financing options.
Katapult Holdings, Inc. operates as a financial technology company specializing in e-commerce, offering lease-purchase options tailored for nonprime consumers across the United States. Through its innovative technology platform, Katapult provides accessible lease-purchase solutions that empower nonprime consumers to acquire durable goods from a wide network of e-commerce merchants. This approach bridges the gap for consumers who may not have access to traditional credit options, enabling them to enjoy the benefits of e-commerce while managing their budget effectively.
Founded as Cognical Holdings, Inc. and rebranded as Katapult Holdings, Inc. in February 2020, the company is headquartered in Plano, Texas. Katapult's platform leverages advanced financial technology to facilitate seamless transactions and approval processes, ensuring a user-friendly experience for both consumers and merchant partners. By partnering with e-commerce retailers, Katapult expands access to essential products and services, fostering financial inclusivity and empowering consumers to make purchases that fit their financial circumstances.
Katapult Holdings serves as a vital link between nonprime consumers and e-commerce merchants, offering a range of flexible payment options that include lease-purchase arrangements. This enables consumers to access goods such as electronics, furniture, appliances, and more, with convenient payment plans tailored to their needs. With a commitment to enhancing financial accessibility and customer satisfaction, Katapult continues to innovate within the fintech sector, supporting economic inclusion and empowering nonprime consumers to build credit and financial stability through responsible purchasing practices.