Description

Katapult Holdings, Inc., a financial technology firm headquartered in Plano, Texas, specializes in e-commerce. The company provides lease-to-own purchasing solutions directly at the point of sale, primarily serving nonprime consumers across the United States. Its advanced technology platform enables individuals with less-than-perfect credit to acquire durable goods from its network of online retailers through these lease agreements. Katapult also offers "Katapult Pay," a virtual card designed for single use, which streamlines lease purchases and other related transactions. The company officially adopted its current name, Katapult Holdings, Inc., in February 2020, previously operating as Cognical Holdings, Inc.