FirstService Corporation (NASDAQ:FSRV), (AFRM) - Exclusive: Katapult CEO Talks Growing E-Commerce, Strength From Stimulus And Affirm Partnership

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Katapult is going public in a SPAC merger with
FinServ Acquisition Corp (NASDAQ: FSRV) and Katapult CEO Orlando Zayas joined the SPACs Attack show Thursday.
The SPAC Deal: Katapult has been evaluating a potential IPO or SPAC deal since last summer after being approached with an unsolicited offer from a competitor, Zayas told Benzinga. The timing was right in going public via a SPAC now.
“It’s going to give us exposure to the retailers,” Zayas said.
One of the reasons FinServ Acquisition may have liked a deal with Katapult was the profitability of the company.
“We’ve been profitable since the beginning of 2020,” Zayas said.

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