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Katapult Holdings, Inc. (“Katapult”), an e-commerce focused financial technology company, and FinServ Acquisition Corp. (NASDAQ: FSRV) (“FinServ”), a special purpose acquisition company, today announced they will present at the Northland SPAC Conference. ...
FinServ Acquisition Corp. and Katapult recently agreed to a merger valued at ~$1 billion or ~6.6x 2022 EBITDA and only ~1.3x 2022 revenue. Katapult provides lease financing solutions for e-commerce transactions, targeting underserved nonprime consumers. Management provided bullish...
Gainers: Root (ROOT) +25%. Scully Royalty (SRL) +15%. Stable Road Acquisition (SRACU) +12%. FinServ Acquisition (FSRV) +11%. Pine Island Acquisition (PIPP) +10%.Losers: Marathon Patent Group (MARA) -15%. Harbor Custom Development (HCDI) -13%. Qudian (QD) -9%. ArcLight Clean Transition (ACTCU)...
Shares of CURO Group Holdings (NYSE: CURO) soared more than 85% Friday morning, and remained up 76% as of 10:45 a.m. EST. A merger announcement between fellow financial company Katapult Holding and special purpose acquisition company (SPAC) FinServ Acquisition (NASDAQ: FSR...
Leading e-commerce focused point-of-sale platform for nonprime consumers Transaction values Katapult at a pro forma enterprise value of approximately $1 billion Transaction includes a $150 million fully committed PIPE from investors led by Tiger Global Management & Neu...
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PLANO, Texas, June 06, 2024 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (NASDAQ: KPLT), an e-commerce-focused financial technology company, announced the launch of Katapult Layoff Insurance, powered by Harmonic today. This new offering provides a cash benefit of up to $2,000 for customers f...
PLANO, Texas, May 30, 2024 (GLOBE NEWSWIRE) -- Katapult today announced it has launched the Katapult Cartridge for B2C Commerce on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts, empowering merchant partners to reach underserved, nonprime consumers who often...
Sixth Consecutive Quarter of Year-Over-Year Gross Originations Growth Reiterates Full Year 2024 Outlook For At Least 10% Gross Originations and Revenue Growth PLANO, Texas, May 15, 2024 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (“Katapult” or the “Company”...