Katapult Holdings, Inc. (KPLT): Analyse du Pestle [Jan-2025 MISE À JOUR]

Dans le monde dynamique du financement alternatif, Katapult Holdings, Inc. (KPLT) se dresse au carrefour de l'innovation et de la complexité, naviguant dans un labyrinthe de défis qui s'étendent sur des domaines politiques, économiques, sociologiques, technologiques, juridiques et environnementaux. Cette analyse complète du pilotage dévoile le paysage complexe qui façonne le positionnement stratégique de l'entreprise, révélant comment Katapult ne s'adapte pas seulement au changement, mais transformant de manière proactive l'écosystème de crédit à l'image et à la consommation avec des solutions de pointe et des approches avant-gardistes qui remettent Paradigmes financiers traditionnels.

Katapult Holdings, Inc. (KPLT) - Analyse du pilon: facteurs politiques

Incertitude réglementaire dans les secteurs des prêts finch et des consommateurs

En 2024, le paysage de prêt fintech est confronté à des défis réglementaires importants. Le Consumer Financial Protection Bureau (CFPB) a augmenté les mesures d'application, avec 13 enquêtes réglementaires majeures dans l'espace de prêt alternatif en 2023.

Corps réglementaire	Nombre d'enquêtes	Range fine potentielle
Cfpb	13	5 M $ - 50 M $
Commission du commerce fédéral	7	2 M $ - 25 M $

Changements potentiels dans les lois fédérales de protection des consommateurs et des États

Les principaux développements législatifs ont un impact sur le cadre opérationnel de Katapult:

• Exigences de conformité de la California Consumer Privacy Act (CCPA)
• Règlements fédéraux proposés sur les méthodes de notation de crédit alternatives
• Restrictions au niveau de l'État sur les pratiques de prêt de consommation

Examen continu des plateformes de prêt alternatives par les agences gouvernementales

La surveillance du gouvernement continue de s'intensifier, en mettant l'accent sur la transparence et la protection des consommateurs dans les plateformes de prêt numérique.

Agence	Focus principal	Actions d'application en 2023
Cfpb	Protection des consommateurs	42 Actions formelles
SECONDE	Divulgation financière	18 enquêtes

Impact des changements potentiels dans les politiques de crédit aux petites entreprises et aux consommateurs

Les paysages politiques émergents suggèrent que les changements de politique potentiels affectant les prêts alternatifs:

• Serrage potentiel des exigences d'accès au crédit
• Prise de notes accrue pour les plateformes fintech
• Règlement amélioré de confidentialité des données

Les coûts de conformité réglementaire pour Katapult sont estimés à 3 à 5% des revenus annuels, ce qui représente un défi opérationnel important.

Katapult Holdings, Inc. (KPLT) - Analyse du pilon: facteurs économiques

Fluctuation des taux d'intérêt affectant la rentabilité des prêts

Au quatrième trimestre 2023, le taux des fonds fédéraux était de 5,33%. La marge d'intérêt nette de Katapult Holdings était de 8,12% en 2023, avec une sensibilité potentielle aux changements de taux.

Année	Taux de fonds fédéraux	Marge d'intérêt net KPLT
2022	4.25% - 4.50%	7.85%
2023	5.25% - 5.50%	8.12%

Les risques de ralentissement économique ont un impact sur la demande de crédit aux consommateurs

Les taux de délinquance du crédit aux consommateurs en 2023 ont atteint 2,34%, avec des implications potentielles pour le modèle commercial de Katapult.

Segment de crédit	Taux de délinquance	Crédit total en suspens
Prêts à la consommation	2.34%	1,76 billion de dollars
Marché de loyer	3.12%	8,5 milliards de dollars

Augmentation de la concurrence dans le financement alternatif

La taille alternative du marché du financement était estimée à 23,4 milliards de dollars en 2023, avec plusieurs concurrents émergeant.

Concurrent	Part de marché	Revenus annuels
Affirmer	15.2%	1,3 milliard de dollars
Katapult	5.7%	239 millions de dollars
Rien	3.4%	87 millions de dollars

Défis potentiels pour maintenir la croissance

La croissance des revenus de Katapult a ralenti à 12,3% en 2023, contre 28,5% en 2022, indiquant des défis économiques potentiels.

Métrique financière	2022	2023
Croissance des revenus	28.5%	12.3%
Revenu net	- 54,2 millions de dollars	- 41,7 millions de dollars
Marge brute	22.6%	19.8%

Katapult Holdings, Inc. (KPLT) - Analyse du pilon: facteurs sociaux

Préférence croissante des consommateurs pour les options de paiement flexibles

Selon une enquête sur la transunion en 2023, 79% des consommateurs âgés de 18 à 40 ans préfèrent des méthodes de financement alternatives au crédit traditionnel. Le marché des paiements flexible devrait atteindre 680 milliards de dollars d'ici 2025.

Préférence du mode de paiement	Pourcentage de consommateurs
Achetez maintenant, payez plus tard (BNPL)	45%
Options d'achat de location	22%
Cartes de crédit traditionnelles	33%

Demande accrue de solutions de crédit alternatives parmi les populations mal desservies

Les données de la Réserve fédérale indiquent que 45 millions d'Américains sont invisibles du crédit. Environ 16% des adultes américains n'ont pas de cote de crédit.

Segment de la population	Taux d'accessibilité au crédit
Groupes à faible revenu	28%
Jeunes adultes (18-29)	37%
Communautés minoritaires	32%

Attitudes changeantes envers les banques traditionnelles et l'accès au crédit

Les milléniaux et la génération Z démontrent une méfiance importante pour les banques traditionnelles, 67% préférant les plateformes financières numériques.

Groupe d'âge	Préférence pour les services financiers alternatifs
18-29 ans	72%
30-45 ans	58%
46-60 ans	35%

Sensibilisation des consommateurs aux technologies de loyer et d'achat de location

Le marché du loyer est censé atteindre 57,4 milliards de dollars d'ici 2026, avec un taux de croissance annuel composé de 8,3%.

Catégorie de produits	Pénétration de location
Électronique	41%
Meubles	33%
Appareils	26%

Katapult Holdings, Inc. (KPLT) - Analyse du pilon: facteurs technologiques

Investissement continu dans l'IA et l'apprentissage automatique pour l'évaluation des risques de crédit

Katapult Holdings a investi 3,2 millions de dollars dans les technologies de l'IA et de l'apprentissage automatique en 2023. Le modèle d'évaluation des risques de crédit dirigée par la Société a traité 127 456 demandes de prêt avec un taux de précision de 92,3%.

Investissement technologique	Montant	Année
Investissement d'IA / ML	3,2 millions de dollars	2023
Volume de traitement des applications	127,456	2023
Précision d'évaluation des risques d'IA	92.3%	2023

Développement de plateformes numériques avancées pour les expériences client transparentes

Katapult a développé une nouvelle plate-forme de prêt numérique avec un investissement de 2,7 millions de dollars, réduisant le temps d'intégration des clients de 45% et augmentant l'engagement des utilisateurs numériques de 38%.

Métriques de plate-forme numérique	Performance	Année
Investissement de développement de la plate-forme	2,7 millions de dollars	2023
Réduction du temps d'intégration	45%	2023
Augmentation de l'engagement des utilisateurs	38%	2023

Extension des technologies de prêt mobiles et cloud

Katapult a élargi les capacités de prêt mobile, avec 76% des demandes de prêt traitées via des plateformes mobiles en 2023. L'investissement dans les infrastructures cloud a atteint 1,9 million de dollars.

Technologie mobile et cloud	Métrique	Année
Traitement de la demande de prêt mobile	76%	2023
Investissement dans les infrastructures cloud	1,9 million de dollars	2023

Accent croissant sur les innovations de cybersécurité et de protection des données

Les investissements en cybersécurité ont totalisé 1,5 million de dollars en 2023. La société a mis en œuvre des protocoles de chiffrement avancés et a obtenu la conformité SOC 2 de type II.

Métriques de cybersécurité	Valeur	Année
Investissement en cybersécurité	1,5 million de dollars	2023
Certification de conformité	SOC 2 TYPE II	2023

Katapult Holdings, Inc. (KPLT) - Analyse du pilon: facteurs juridiques

Conformité aux réglementations complexes sur les prêts aux consommateurs

Katapult Holdings opère en vertu de plusieurs réglementations fédérales et étatiques, notamment:

Règlement	Détails de la conformité	Corps réglementaire
Truth in Lending Act (Tila)	Divulgation complète des conditions de crédit	Bureau de protection financière des consommateurs
Loi sur les chances de crédit égal	Pratiques de prêt non discriminatoires	Commission du commerce fédéral
Loi sur le transfert de fonds électroniques	Transparence des transactions numériques	Réserve fédérale

Conteste juridique potentiel dans plusieurs juridictions d'État

Paysage réglementaire spécifique à l'État:

État	Restrictions de prêt	Coût de conformité
Californie	Lois strictes de protection des consommateurs	Frais de conformité annuelle de 275 000 $
New York	Exigences de divulgation financière améliorées	Coûts d'adaptation réglementaire de 210 000 $
Texas	Règlements d'usure complexes	185 000 $ Investissement en conformité juridique

Naviguer en évolution des lois sur la protection des consommateurs et la confidentialité

Mesures de conformité des réglementations de confidentialité clé:

• CCPA Compliance Investment: 450 000 $ en 2023
• Infrastructure de protection des données: 1,2 million de dollars Budget annuel
• Fréquence de mise à jour de la politique de confidentialité: revues trimestrielles

Gestion des exigences réglementaires dans le secteur du financement alternatif

Métriques de la conformité réglementaire:

Zone de conformité	Dépense	Taux de conformité
Taille du département juridique	12 avocats à temps plein	98,7% d'adhésion réglementaire
Formation annuelle en matière de conformité	Investissement de 350 000 $	Participation à 100% des employés
Conseil juridique externe	Budget annuel de 750 000 $	Surveillance réglementaire continue

Katapult Holdings, Inc. (KPLT) - Analyse du pilon: facteurs environnementaux

L'accent mis sur les pratiques commerciales durables

Katapult Holdings a déclaré que les émissions de gaz à effet de serre de la lunette 1 et de la portée 2 de 1 325 tonnes métriques CO2E en 2022. La consommation d'énergie totale de la société était de 2 784 MWh, avec 68% provenant de sources d'énergie renouvelables.

Métrique environnementale	Valeur 2022	Valeur 2021
Émissions totales de GES (tonnes métriques CO2E)	1,325	1,542
Pourcentage d'énergie renouvelable	68%	55%
Consommation totale d'énergie (MWH)	2,784	3,012

Réduction potentielle de l'empreinte carbone par le biais de plateformes de prêt numérique

Efficacité de la plate-forme numérique: Le modèle de prêt en ligne de Katapult a réduit la consommation de papier de 76%, ce qui éconope environ 42 arbres par 10 000 transactions en 2022.

Métrique d'efficacité numérique	2022 Impact
Réduction du papier	76%
Arbres économisés pour 10 000 transactions	42

Efficacité énergétique dans les infrastructures technologiques

Katapult a implémenté la virtualisation du serveur, réalisant une réduction de 35% de la consommation d'énergie du centre de données. L'infrastructure de cloud computing a réduit les besoins en énergie matérielle de 42%.

Métrique de l'efficacité technologique	Pourcentage de réduction
Consommation d'énergie du centre de données	35%
Exigences énergétiques matérielles	42%

Engagement envers les stratégies d'entreprise respectueuses de l'environnement

La société a alloué 1,2 million de dollars aux initiatives de durabilité en 2022, ce qui représente 3,5% de son budget opérationnel total.

Investissement en durabilité	2022 Montant	Pourcentage du budget opérationnel
Budget des initiatives de durabilité	$1,200,000	3.5%

Katapult Holdings, Inc. (KPLT) - PESTLE Analysis: Social factors

Growing reliance on flexible financing options by non-prime consumers

The core of Katapult Holdings, Inc.'s business model is directly tied to a major social trend: the increasing reliance on flexible, non-traditional financing by the non-prime consumer segment. This demographic, often defined by FICO scores below 620, is actively seeking alternatives to traditional credit cards and bank loans, especially for durable goods like furniture and electronics.

This reliance is clearly demonstrated by the growth in the broader Buy Now, Pay Later (BNPL) market, which is projected to reach a global revenue of approximately $343.52 billion in 2025. In the US alone, an estimated 91.5 million Americans are projected to use BNPL loans in 2025. Katapult's lease-to-own (LTO) solution benefits from this shift, particularly in times when prime credit options become tighter. This is a powerful tailwind for the company, evidenced by its own performance: Katapult's Gross Originations grew 25.3% to $64.2 million in the third quarter of 2025.

Shifting demographics increasing the size of the unbanked/underbanked population

While the number of unbanked households (those without a bank account) has reached a record low of 4.2% (or about 5.6 million households) in the US, the underbanked population-those who use alternative financial services alongside a bank account-remains a massive and stable market. This group is Katapult's primary target. In 2023, the underbanked segment comprised approximately 14.2% of US households, representing roughly 19 million households. This population is disproportionately composed of low-income individuals; for example, 22% of adults with an annual income below $25,000 were unbanked in 2024.

The long-term opportunity for Katapult is to capture this large, underserved market. The company is actively expanding its unique new customer base, which saw a 35% rise over the first three quarters of 2025 compared to the previous year. This suggests their strategy is effectively tapping into the financial inclusion trend. Honestly, this underbanked segment is the engine of the LTO industry.

US Underbanked/Unbanked Market (2023/2024 Data)	Metric	Value
Underbanked Households (FDIC)	Percentage of US Households	14.2%
Underbanked Households (FDIC)	Approximate Number of Households	19 million
Unbanked Adults (Federal Reserve, Low Income)	Adults with income <$25,000 who are unbanked	22%
Katapult Unique New Customers (Q1-Q3 2025)	Year-over-Year Increase	35%

Strong consumer preference for seamless, instant online approval processes

The modern consumer, regardless of credit score, demands speed and convenience. Fintech innovations in 2025 have made 'instant loan approvals' the new standard. For Katapult, this means their technology-driven platform is a critical social advantage. Their proprietary, data-driven AI model can approve a lease within seconds, which is a huge differentiator for consumers who are used to lengthy, traditional credit checks.

This preference for frictionless digital experiences is driving Katapult's operational success. The company's total applications grew by approximately 80% year-over-year in Q3 2025, showing strong demand for their fast process. Also, the Katapult app marketplace is now the single largest customer referral source, accounting for 61% of gross originations in the third quarter of 2025.

Social media and online reviews heavily influencing trust in financing platforms

In the non-prime financing space, trust is defintely the currency. Consumers, particularly younger ones, rely heavily on online social proof and direct engagement to vet financial platforms. In 2025, trust is the 'driving force' in social media engagement, and consumers expect fast, transparent customer service on these platforms.

Katapult is managing this social risk well by focusing on a positive customer experience, which translates into strong word-of-mouth and repeat business. This focus is reflected in their high customer satisfaction metrics:

• Net Promoter Score (NPS) of 64 as of September 30, 2025.
• Approximately 55% of gross originations in Q3 2025 came from repeat customers.

What this high repeat rate hides is the inherent risk of negative reviews spreading quickly on social media, especially concerning the high effective cost of lease-to-own agreements. The company must maintain its high Net Promoter Score to mitigate reputation risk in a sector facing increasing regulatory scrutiny.

Katapult Holdings, Inc. (KPLT) - PESTLE Analysis: Technological factors

Continuous investment in Artificial Intelligence (AI) for underwriting and fraud detection.

The core of Katapult Holdings' business model is its proprietary technology platform, which heavily relies on Artificial Intelligence (AI) for real-time underwriting and fraud mitigation. This isn't a minor feature; it's the engine that manages risk for their non-prime consumer base. The effectiveness of this AI is best measured by the resulting credit quality. For the third quarter of 2025, Katapult reported that write-offs as a percentage of revenue were 9.9%, which is right in the middle of their long-term target range of 8% to 10%.

This consistent performance, even with total application volume growing over 80% year-over-year in Q3 2025, shows the AI is scaling effectively without a proportional spike in bad debt. Honestly, maintaining that tight write-off band while accelerating application volume by that much is a defintely impressive feat of algorithmic risk management. Furthermore, the company's fixed cash operating expenses were reduced to $7.5 million in Q3 2025, a 21.4% year-over-year decrease, suggesting that technology and automation are helping drive operational efficiency.

Need to integrate seamlessly with new e-commerce platforms and mobile wallets.

Katapult's growth is directly tied to its ability to embed its lease-to-own solution directly into the e-commerce checkout flow. The shift to a two-sided marketplace, powered by its app, is proving successful. This is where the integration strategy pays off:

• App-originated gross originations accounted for 61% of Q3 2025 total gross originations.
• The company successfully launched Apple as a KPay-enabled merchant in Q3 2025, a critical integration for mobile wallet adoption.
• KPay gross originations grew 66% year-over-year in Q3 2025, reaching approximately $26 million.

This acceleration in app and KPay usage is proof that consumers are embracing the seamless, mobile-first experience. If the integration is clunky, customers drop off, but these numbers show the opposite-it's driving growth.

Blockchain exploration for enhanced security and transparent transaction tracking.

While the broader fintech sector is exploring distributed ledger technology (DLT) for things like supply chain financing and identity verification, Katapult has not publicly disclosed any specific, material investment or pilot program in blockchain for its core lease-to-own platform as of November 2025. What this estimate hides is that the current focus is on optimizing their existing AI-driven security model. Their success in fraud detection is currently quantified by their ability to keep write-offs within the 8% to 10% target range.

For now, the technical priority is platform speed and reliability, which they measure by their ability to provide a credit decision in 5 seconds or less on average. Any future exploration of blockchain would likely be an incremental project, focused on enhancing the security of customer data or improving the transparency of asset tracking, but it is not a primary driver of the 2025 technology roadmap.

Platform stability is paramount; a single outage can spike merchant churn.

For a point-of-sale (POS) financing provider, system downtime is an immediate revenue killer for their merchant partners, and that quickly leads to churn. Katapult's platform stability is crucial, especially as they have expanded to over 200 merchants. The best proxy for stability is customer and merchant retention and satisfaction.

Here's the quick math on platform stickiness: Repeat customers accounted for 55.3% of gross originations in Q3 2025, which is a very high retention rate for a non-prime consumer product. Plus, their Net Promoter Score (NPS) was 64 as of September 30, 2025, which is in the 'Excellent' range for the financial services industry. A score that high is impossible with a platform that frequently crashes or suffers from slow decisioning.

The company has delivered 10 consecutive quarters of year-over-year revenue growth, reaching $74.0 million in Q3 2025. That kind of sustained growth is a direct result of a stable, high-performing technology infrastructure that merchants trust to convert sales at the point of decision.

Technological Performance Metric (Q3 2025)	Value/Rate	Significance
Write-offs as % of Revenue	9.9%	AI-driven risk management is effective and within the 8%-10% target range.
App-Originated Gross Originations	61%	Success of the mobile-first, integrated e-commerce platform strategy.
KPay Gross Originations Growth (Y-o-Y)	66%	Rapid adoption of the mobile wallet and direct payment solution.
Average Credit Decision Time	5 seconds or less	Direct measure of platform speed and stability at the point of sale.
Repeat Customer Rate	55.3%	High customer loyalty, indicating positive user experience and platform reliability.

Katapult Holdings, Inc. (KPLT) - PESTLE Analysis: Legal factors

Compliance with state-level lease-to-own statutes is a constant, high-cost effort.

The core of Katapult Holdings, Inc.'s legal challenge is navigating the patchwork of state-level lease-to-own (LTO) statutes. There isn't one federal law governing LTO agreements, so you must comply with up to 49 different regulatory regimes across the US. This creates what industry insiders defintely call a compliance nightmare.

For a fintech operating nationally, initial setup costs in the US market are substantial, ranging from $600,000 to $1.25 million, with ongoing annual expenses for multi-state licensing and compliance running between $400,000 and $800,000. This high fixed cost acts as a barrier to entry for smaller competitors, but it's a constant drain on Katapult's operating budget. You can't afford a single misstep across any of these jurisdictions.

Data privacy laws (like CCPA) require robust customer data handling protocols.

As an e-commerce-focused financial technology company, Katapult handles sensitive non-prime consumer data, which heightens its exposure to evolving data privacy legislation. The California Consumer Privacy Act (CCPA) and similar state laws like the Colorado Privacy Act are forcing a significant overhaul of data handling protocols.

The regulatory scrutiny is increasing, especially around automated decision-making-which is central to Katapult's AI-driven platform for risk-based pricing. Companies are expected to budget for a 30% to 40% increase in data privacy compliance costs in 2025 as regulators focus on algorithmic bias prevention and transparency. Honestly, the cost of a breach is far worse: the global average cost of a data breach is estimated to be $4.4 million in 2025.

Ongoing litigation risk related to contract terms and collection practices.

Litigation risk is a permanent fixture in the non-prime consumer finance sector, particularly concerning contract clarity and collection practices. The Consumer Financial Protection Bureau (CFPB) has actively targeted the virtual rent-to-own space, alleging violations of laws like the Fair Credit Reporting Act (FCRA) and the Consumer Financial Protection Act (CFPA).

Katapult itself successfully navigated a significant legal challenge with a proposed settlement in a securities class action lawsuit. The total settlement value reached $2,500,000, with $1,775,000 paid in cash, which was approved in December 2024. This shows the financial impact of legal challenges, even those unrelated to consumer contracts. The company's Q2 2025 financial disclosures still track litigation settlement and related expenses, confirming this is an ongoing operational cost.

Here's the quick math on recent legal costs:

Legal Risk Area	2025 Financial Impact / Threshold	Primary Regulatory Body
Securities Litigation Settlement (Dec 2024 Approval)	$2,500,000 total value ($1,775,000 cash)	U.S. Federal Court / SEC
Multi-State LTO Compliance (Annual Ongoing)	$400,000 to $800,000 (after initial setup)	State Attorneys General / State Regulators
Data Breach Cost (Global Average)	$4.4 million per incident	State AGs / FTC
TILA/CLA Exemption Threshold	$71,900 (transactions at or below are covered)	CFPB / Federal Reserve Board

Potential for new federal Truth in Lending Act (TILA) interpretations for LTO.

Katapult's business model hinges on its transactions being classified as lease-purchase agreements, not credit sales, which typically exempts them from the federal Truth in Lending Act (TILA) and its implementing Regulation Z. But the regulatory ground is shifting.

The CFPB is clearly looking to re-classify certain LTO products. A recent CFPB suit against a competitor explicitly alleged TILA violations, arguing the rent-to-own product was an illegal lending practice. This is the main regulatory risk.

While the 2025 TILA and Consumer Leasing Act (CLA) threshold for transactions is $71,900 or less, which covers most consumer transactions, the real danger is a rule change that redefines LTO as a credit product, forcing Katapult to comply with stringent federal disclosure and rate cap requirements. Katapult's current lease-purchase transactions, which are mostly month-to-month, are structured to fall outside certain Dodd-Frank provisions, but a broad TILA reinterpretation would dramatically change their cost of doing business.

Key regulatory risks to watch:

• TILA Reclassification: A move by the CFPB to treat LTO as a disguised loan.

• UDAAP Enforcement: Increased use of Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) authority by the CFPB to target high-cost LTO terms.

• FCRA Reporting: Scrutiny over how LTO payments and defaults are reported to consumer reporting agencies.

Katapult Holdings, Inc. (KPLT) - PESTLE Analysis: Environmental factors

Growing merchant demand for partners with clear Environmental, Social, and Governance (ESG) reports.

You need to recognize that the ESG movement is now a core requirement for large retail partners, not just a marketing exercise. While the 'E' (Environmental) is less direct for a FinTech company like Katapult Holdings, Inc., their major retail partners-who sell durable goods like electronics and furniture-are under intense pressure from investors and consumers to demonstrate robust ESG compliance. This creates a powerful, indirect demand for Katapult Holdings, Inc. to at least align with their partners' sustainability goals.

The primary environmental risk here is exclusion from major e-commerce platforms if Katapult Holdings, Inc. cannot provide a clear, auditable ESG profile. This is why Katapult Holdings, Inc. has strategically leaned into the 'S' component, making it their de facto ESG shield. Honestly, most merchants care less about your carbon footprint and more about how your partnership helps them meet their own diversity and inclusion targets. That's the real opportunity.

Focus on the 'S' (Social) in ESG, emphasizing financial inclusion for non-prime customers.

Katapult Holdings, Inc.'s entire business model is a direct response to the Social pillar of ESG (Environmental, Social, and Governance)-specifically, financial inclusion. By providing a lease-to-own (LTO) solution, the company serves the underserved U.S. non-prime consumer market, which is a significant social impact metric for their partners. This focus is a strong competitive advantage in the ESG landscape.

The operational metrics for 2025 clearly show this impact:

• Total applications grew approximately 80% year-over-year in the third quarter of 2025.
• Approximately 55% of gross originations in Q3 2025 came from repeat customers, showing strong customer satisfaction and trust.
• The company maintained a high Net Promoter Score (NPS) of 64 as of September 30, 2025, which is a key social metric for customer experience.

Here's the quick math: a growing customer base of non-prime consumers means Katapult Holdings, Inc. is defintely fulfilling a critical social need that traditional prime lenders ignore.

Operational shift to paperless contracts and digital-only communications.

As a technology-driven platform, Katapult Holdings, Inc.'s operational model is inherently environmentally friendly due to its near-total elimination of paper. The shift to a digital-first customer journey is the most direct environmental factor under their control, reducing the need for physical forms, printing, and mailing.

The reliance on the Katapult app marketplace confirms this paperless shift:

Metric (Q3 2025)	Value	Environmental Impact Proxy
Gross Originator Volume from Katapult App Marketplace	61% of total originations	Digital-only contract execution and communication.
KPay Transactions as % of Total Originations	41% of total originations	Mobile-first, paperless payment and lease management.
Total Revenue (Q3 2025)	$74.0 million	All revenue generated from a predominantly paperless transaction base.

The entire transaction lifecycle, from application to payment, is digital. This means a negligible operational carbon footprint from paper use.

Indirect impact from climate-related supply chain disruptions for retail partners.

While Katapult Holdings, Inc. does not manage a physical supply chain, its revenue is directly dependent on the inventory availability of its retail partners. Climate-related events and geopolitical tensions-like the Red Sea shipping disruptions-have a cascading effect on the availability and cost of durable goods, which are Katapult Holdings, Inc.'s core lease-to-own products.

In 2025, the retail sector has been highly exposed: research shows that 91% of global retailers have suffered revenue losses linked to supply chain or transport challenges. Furthermore, shipping disruptions have caused container costs to increase by up to 300% on some routes. This leads to:

• Higher retail prices, increasing the total lease-to-own cost for the non-prime consumer.
• Inventory stockouts, limiting the selection of goods available for Katapult Holdings, Inc. customers.
• A 'challenging home furnishings category' was explicitly noted in the Q2 2025 outlook, highlighting the vulnerability of a key product segment.

The risk isn't to Katapult Holdings, Inc.'s operations, but to the volume of goods available for their customers to lease. Less inventory means fewer originations, even with high application growth.