Katapult Launches Katapult Layoff Insurance Powered By Harmonic; This New Offering Provides A Cash Benefit Of Up To $2,000 For Customers Facing Involuntary Job Loss
Portfolio Pulse from Benzinga Newsdesk
Katapult Holdings, Inc. (NASDAQ:KPLT) has launched Katapult Layoff Insurance, powered by Harmonic, offering up to $2,000 in cash benefits for customers facing involuntary job loss. This initiative aims to provide financial security for nonprime consumers, highlighting Katapult's commitment to supporting its customer base.
June 06, 2024 | 12:10 pm
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Katapult Holdings, Inc. has introduced Katapult Layoff Insurance, providing up to $2,000 in cash benefits for customers facing involuntary job loss. This new product aims to enhance financial security for nonprime consumers.
The launch of Katapult Layoff Insurance is a strategic move to attract and retain nonprime consumers by offering a financial safety net. This product could enhance customer loyalty and potentially increase revenue, positively impacting KPLT's stock price in the short term.
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