Katapult Holdings Acquisition | Financial Services Deal in TX

Katapult Holdings acquisition: Katapult Holdings, Inc. has completed the acquisition of Katapult Holdings, a payments processing business in Texas, for $6.4 million. Katapult operates an e-commerce financial technology platform that drives nonprime consumer lease applications and gross originations through its app marketplace. The payments processing acquisition supports omnichannel retailer referrals and repeat customer growth, with operations based in Plano, TX. The financial services M&A deal is structured as a merger acquisition tied to a pending combination expected to create a larger omnichannel platform for nonprime consumers. Deal size is reported across multiple figures, including $64.2 million and $79.0 million, with financial services deals TX positioning for scale in payments processing.