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Katapult offers direct apply feature to consumers

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PLANO, Texas, Aug. 23, 2021 /PRNewswire/ -- Katapult, the leading provider of eCommerce point-of-sale ("POS") lease-purchase options for nonprime US consumers, today announced its direct apply feature for customers.

Katapult is dedicated to helping consumers obtain what they need through transparent terms, easy applications, and customizable payment schedules. The new direct apply feature makes the shopping experience even easier for customers. Rather than apply through one of our merchant partners, customers can now apply directly at Katapult.com to receive their approved lease amount.  Having a pre-approved lease gives customers peace-of-mind to then visit Katapult's store locator and select their preferred retailer, shop with confidence, and experience Katapult's simplified return customer checkout process.

With no credit required to apply for a lease, direct apply opens consumers to a new way to obtain what they need from the brands they want to shop. From automotive, mobile devices, and gaming to furniture, outdoor goods, and fitness equipment, Katapult offers hundreds of retail partner sites in its store locator, making it easy for each shopper to see promotions, featured sites, and ways to save on their lease-purchase.

"It is exciting to offer an option that makes the shopping experience become more streamlined for consumers", says Orlando Zayas, CEO at Katapult. "Making it easier for customers to continue on their path to ownership echoes Katapult's vision to 'create a world where financial barriers no longer exist by providing disruptive technology that empowers and simplifies the shopping experience'."

If you are a retailer interested in partnering with Katapult to increase brand awareness and build a reputation with a new, underserved customer base by providing a no-credit-required alternative click here to learn more.

About Katapult

Katapult (NASDAQ: KPLT) is the leading omnichannel lease-purchase platform, providing alternative solutions for retailers and consumers. As a financial technology company, Katapult provides cutting-edge technology that integrates seamlessly with online platforms, enabling our retail partners to expand their customer base, increase transactions, and grow revenue. Katapult's consumer-centric focus ensures an efficient application and approval process while providing transparent and tailored payment terms. Katapult associates with hundreds of retailers across the United States, with merchant support teams, marketing insights, and suggestions for continued success. To see all of our new retail partner releases, visit Katapult's News page. To learn more about Katapult, click here.

Contacts

Katapult Vice President of Investor Relations
Bill Wright
917-750-0346
ir@katapultholdings.com

Katapult Investor Contact
William Maina
ICR for Katapult
646-277-1236
Katapult-IR@icrinc.com

Press Inquiries:
Tribe Builder Media
Kristen Shea
929-367-8993
press@tribebuildermedia.com

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SOURCE Katapult

Katapult Holdings, Inc.

NASDAQ:KPLT

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About KPLT

katapult provides a no credit required alternative to traditional financing. we partner with both online and brick and mortar retailers nationwide so they can provide purchasing power to the underserved sub-prime consumer market. this allows them to grow sales and attract an entirely new customer base. the options for subprime consumers are limited. they don't qualify for traditional credit so they are forced to shop at rent to own stores, where the selection and expertise are limited, buy used, or go without. with katapult, subprime customers can now have a normal shopping experience with the retailers they love both online and in-store. for our retailers the process is easy, funding is quick and there is no special equipment needed. for our online partners we have integrations with many of the major ecommerce platforms so integrating online can be a short process. plus we also support custom integrations. for the consumer, getting approved is quick and easy. with approvals up to