Katapult Holdings, Inc. has launched an exciting new partnership with Grown Brilliance, a pioneer in ethically engineered lab-grown diamonds. Under the terms of the partnership, Grown Brilliance has integrated Katapult's innovative lease-to-own (LTO) solution into its payment checkout flow, which expands the variety of durable goods that can be obtained using Katapult?s lease offering. The partnership is expected to create a pathway for underserved consumers to acquire high-quality, lab-grown diamonds at www.grownbrilliance.com.

Katapult offers a scalable omnichannel LTO solution that provides its merchant partners with access to a new consumer base that previously may not have had the purchasing power to buy their durable goods. Katapult?s LTO solution provides significant benefits to consumers including: Customers understand the full cost of the product ownership up-front. There are no late fees, ever.

No long-term obligations for the customer ? they can either make recurring payments toward owning the item outright or return it at any time. Financial flexibility that can make LTO more attractive and accessible than traditional financing.

Hundreds of merchants are already leveraging Katapult?s LTO solution to help expand their businesses. Key merchant benefits of a partnership with Katapult include: Merchants have access to new shoppers who can drive incremental sales, Higher conversion rates and lower cart abandonment, Opportunities to drive repeat customer purchase rates up, No merchant recourse from customer defaults, Katapult covers all interchange costs related to the transaction, No risks from out-of-window returns.