Katapult Holdings, Inc. announced preliminary gross originations for the fourth quarter ended December 31, 2024, reporting approximately $75.2 million. This figure represents an 11.3% increase year-over-year, surpassing the company's previously provided growth range of 6-8%.
This marks the ninth consecutive quarter of year-over-year gross originations growth for Katapult, achieving the second highest level of gross originations volume in the company's history. The strong performance was attributed to robust engagement with both new and existing customers.
CEO Orlando Zayas highlighted the successful leverage of the Katapult ecosystem during the holiday season, driving consumers to the platform and incremental sales for merchant-partners. The company is positioned for continued growth in 2025, building on its transformed go-to-market strategy since the launch of its app and KPay in late 2022.
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