KPLTW

Katapult Holdings, Inc. (NASDAQ:KPLT) is an e-commerce focused financial technology company founded in 2019 and headquartered in Plano, Texas. The company was formerly known as Cognical Holdings, Inc. before changing its name in February 2020. Katapult operates as a lease-purchase financing provider that serves nonprime consumers - individuals who typically have limited access to traditional credit options due to lower credit scores or thin credit files. The company has evolved from a simple point-of-sale financing provider into a comprehensive marketplace platform that connects consumers with merchants through its proprietary technology infrastructure.