PYMNTS-MonitorEdge-May-2024

katapult

Today in Retail: Gorillas’ Deal for Frichti Continues Ultrafast Grocery Sector Consolidation; Katapult Upgrading Platform
Today in Retail: Gorillas’ Deal for Frichti Continues Ultrafast Grocery Sector Consolidation; Katapult Upgrading Platform
March 15, 2022  |  Retail

Today in retail, a direct-to-consumer toothpaste startup finds its audience, while Macy’s is overhauling its website and focusing on customized shopping experiences. Plus, Walmart Global...

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Katapult Says Strategic Investments, Pending Platform Upgrades Can Offset Eco Headwinds
Katapult Says Strategic Investments, Pending Platform Upgrades Can Offset Eco Headwinds
March 15, 2022  |  Retail

It’s tough out there right now and economic uncertainty and rising prices are clearly making life difficult for retailers and consumers who have already endured...

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‘Big Ticket’ Retailers That Offer Lease-to-Own Financing Well Positioned to Help Stretched Consumers
‘Big Ticket’ Retailers That Offer Lease-to-Own Financing Well Positioned to Help Stretched Consumers
March 11, 2022  |  Retail

As inflation puts more pressure on already strained pocketbooks and with millions of households now living paycheck to paycheck — including many making over $100,000...

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Lease-to-Own Firm Katapult Adds Jane Thompson to Board
Lease-to-Own Firm Katapult Adds Jane Thompson to Board
February 11, 2022  |  Personnel

Lease-to-own platform Katapult has named two new members on its board of directors. As the company said in a news release Friday (Feb. 11), Joyce...

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Financial Inclusion Policies Move the Underserved Consumer Mainstream
Financial Inclusion Policies Move the Underserved Consumer Mainstream
February 10, 2022  |  Digital-First Banking

Financial services providers have an opportunity to help the unbanked and underbanked, graduate them to fully banked and retain them as regular customers. Orlando Zayas,...

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Katapult: 2021 Was the Year of Inclusion
Katapult: 2021 Was the Year of Inclusion
January 17, 2022  |  Opinion

Retailers stepped up to the plate for non-prime customers in 2021, offering installment programs that gave more people access to products and services. Orlando Zayas,...

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In a World of Buy Now, Pay Later, Lease to Own Payments Convert Customers Merchants Otherwise Ignore
In a World of Buy Now, Pay Later, Lease to Own Payments Convert Customers Merchants...
November 24, 2021  |  Payment Methods

Even before runaway inflation started to dominate headlines, PYMNTS research uncovered that 57% of the U.S. population is living paycheck to paycheck, including 39% of...

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Lease-to-Own Puts Durable Goods in Reach for Ineligible BNPL, Other Credit Borrowers
Lease-to-Own Puts Durable Goods in Reach for Ineligible BNPL, Other Credit Borrowers
October 27, 2021  |  Payment Methods

Millions of people with poor credit or no credit can be thought of as the “invisibles” of retail commerce, whose options for buying many items...

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75% of Lease-to-Own Consumers Say It’s Their Only Option to Obtain Durable Goods
75% of Lease-to-Own Consumers Say It’s Their Only Option to Obtain Durable Goods
October 19, 2021  |  Retail

Building a trusted relationship with retail customers is the easiest way to ensure a healthy and dedicated business connection. Simply put, when businesses offer an...

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