Katapult Holdings, Inc.: Business Overview, Financials & Competitive Analysis
Katapult Holdings, Inc. scores 6/10 on the AskCyborg Cyborg Score (Solid). Transformative merger creates significant scale in underserved fintech market, but near-term execution and integration risks require careful monitoring. The company achieved $74M in Q3 2025 revenues, up 22.78% year-over-year. However, Katapult received a waiver from lenders in February 2026 after failing to meet a financial covenant regarding minimum trailing.
What is Katapult Holdings, Inc.'s industry? Katapult Holdings, Inc. (katapult.com) operates in Financial Technology / Alternative Finance / Point-of-Sale Lending. AskCyborg classifies Katapult Holdings, Inc. under Financial Technology / Alternative Finance / Point-of-Sale Lending in its company registry.
Katapult Holdings is an e-commerce-focused financial technology company that provides a lease-to-own platform helping underserved non-prime consumers acquire durable goods through innovative financing solutions. The c...
Cyborg Score thesis
Transformative merger creates significant scale in underserved fintech market, but near-term execution and integration risks...
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Get Current Report FreeKatapult Holdings, Inc. Overview
Pro stress-test →Katapult Holdings is an e-commerce-focused financial technology company that provides a lease-to-own platform helping underserved non-prime consumers acquire durable goods through innovative financing solutions. The company operates POS integrations and the Katapult Pay™ mobile app to serve consumers unable to access traditional financing.
Strategic Profile
Pro stress-test →Katapult is undergoing a merger with The Aaron's Company and CCF Holdings LLC expected to close in the first half of 2026. The merger will create a platform with approximately 3,000 retail touchpoints nationwide, serving more than 7 million recently served customers, with pro forma LTM revenue exceeding $4 billion and adjusted EBITDA of approximately $450 million as of Q3 2025.
Competitive Landscape
Pro stress-test →Aaron's offers omnichannel lease-to-own solutions for furniture and electronics, while CCF provides alternative financial services to unbanked customers. The combined entity will integrate Katapult's fintech platform with brick-and-mortar retail presence and alternative finance capabilities.
Industry Context
Katapult Holdings, Inc. operates in Financial Technology / Alternative Finance / Point-of-Sale Lending.
Key facts
Headquarters: Plano, Texas · Revenue: $280.8M · Market cap: $31.5M