"Katapult: Lease-to-own checkout for underserved consumers, boosting retail inclusivity."
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Katapult is an innovative app designed to provide a lease-to-own checkout solution catering specifically to the underserved subprime and no credit consumer market. It empowers consumers who might not qualify for traditional financing to take ownership of essential products. By offering an omni-channel experience, Katapult partners with a wide range of eCommerce and brick-and-mortar retailers across the nation. The app ensures a seamless and speedy checkout process with only 14 required fields and approval times of less than 5 seconds, all while not relying on traditional FICO scores. Katapult distinguishes itself with its transparent agreements, award-winning customer service, and 24/7 chat support. Through the use of APIs and iframe technology, the app integrates effortlessly into existing payment pages, managing everything from consumer application approvals to payment processing and lease servicing. Retail partners can also benefit from an extensive library of marketing assets and manage post-origination functions through the BigCommerce admin portal.
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