RedPocket Mobile Chooses Katapult’s Innovative Solution as its Exclusive Lease-to-Own Option
Katapult Holdings, Inc. (KPLT)
Company Research
Source: GlobeNewswire
PLANO, Texas, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (NASDAQ: KPLT), an e-commerce-focused financial technology company, has entered a new exclusive agreement with RedPocket Mobile, a leading telecom provider that offers high quality, affordable, and reliable wireless service and mobile devices. Under the terms of the agreement, RedPocket Mobile has integrated Katapult's innovative lease-to-own (LTO) solution into its checkout flow, making Katapult a direct payment option. Katapult’s LTO option at checkout is expected to allow more nonprime consumers to access top-tier mobile devices with RedPocket Mobile. "At RedPocket Mobile, we believe that staying connected shouldn’t be limited by financial constraints," said Joshua Berman, the COO of RedPocket Mobile, UNREAL Mobile and FreedomPop. "We understand that the cost of a new device can prevent many from purchasing the mobile phones and devices they want and need. By partnering with Katapult, we're creating a pat
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