Katapult Holdings Announced Grown Brilliance Integrated Katapult's Lease-To-Own Solution Into Payment Checkout Flow; Allows Consumers To Acquire High-Quality, Lab-Grown Diamonds On Grow Brilliance Website
Portfolio Pulse from Benzinga Newsdesk
Katapult Holdings has integrated its lease-to-own payment solution into the checkout flow of Grown Brilliance, enabling consumers to purchase lab-grown diamonds from the Grown Brilliance website through a flexible payment option.
November 29, 2023 | 1:05 pm
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POSITIVE IMPACT
The integration of Katapult's lease-to-own solution into Grown Brilliance's payment system may increase transaction volume and customer base for Katapult, potentially boosting revenue.
The partnership with Grown Brilliance could lead to increased usage of Katapult's payment solution, which in turn may result in higher revenues. As the news directly involves Katapult's core business of providing payment solutions and targets a luxury market, it is likely to have a positive impact on the company's stock in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80