- CEO
- Orlando J. Zayas
- Full Time Employees
- 94
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- 5204 Tennyson Parkway Plano DE United States of America 75024
- IPO Date
- Dec 31, 2019
- Business
- Katapult Holdings, Inc. operates a lease-to-own platform that integrates with retailers and e-commerce platforms to enable nonprime U.S. consumers to acquire durable goods including home furnishings, automotive goods, computers, electronics, appliances, furniture, and mattresses; its offerings encompass Katapult Pay, a point-of-sale integration and mobile app leveraging virtual credit card technology for shopping at various merchants in its app marketplace, alongside integration channels such as direct, waterfall, mobile app, and text-to-checkout. The company, founded in 2014 and headquartered in Plano, Texas, primarily serves the virtual lease-to-own market across 46 states and the District of Columbia, targeting underserved nonprime customers through a fully digital platform with automated approvals in five seconds or less and flexible payment plans up to $3,500 without long-term obligations or traditional credit checks. In November 2025, Katapult secured a $65 million investment from Hawthorne Horizon Credit Fund via Series A and B Convertible Preferred Stock, enabling repayment of its term loan, partial revolver reduction, capital structure optimization, and funding for growth initiatives amid Q3 2025 revenue of $74 million, up 22.8%, with positive adjusted EBITDA of $4.4 million.