Katapult Holdings, Inc. operates a digital commerce platform that provides point-of-sale leasing solutions for consumers seeking a flexible path to ownership. The company partners with a network of retailers and brands across the United States to offer lease-to-own payment plans for durable goods, including furniture, appliances, electronics and other household essentials. Through its technology-driven underwriting and proprietary credit model, Katapult enables retailers to extend financing to consumers with limited or no credit history while retaining ownership of the leased merchandise until the lease term is fulfilled.
Founded in 2017 and headquartered in Minneapolis, Minnesota, Katapult has developed an end-to-end platform that integrates with online and in-store retail systems. The platform automates credit decisions, lease administration and customer support, allowing merchants to offer a seamless checkout experience. Katapult’s business model is built on recurring lease payments rather than traditional loan structures, and it manages the full lifecycle of each lease—from origination to collection or purchase option exercise—through its proprietary software and operational infrastructure.
In January 2021, Katapult completed its business combination with a special purpose acquisition company and began trading on the Nasdaq under the ticker symbol KPLTW. Since going public, the company has focused on expanding its retail partnerships and enhancing its technology stack, including data analytics and automated servicing tools designed to improve customer engagement and reduce lease delinquency rates.
Katapult’s leadership team is led by co-founder and Chief Executive Officer Dror Poleg, who brings extensive experience in finance and technology from previous roles in specialty finance and e-commerce. Under his guidance, the company continues to pursue strategic growth opportunities aimed at making responsible, lease-based financing more accessible to underserved consumer segments throughout the United States.
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