FinServ Acquisition Corp. Announces Board and Committee Changes
August 20, 2020 at 04:07 pm
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On August 14, 2020, Jay N. Levine resigned as a member of the Board of Directors (the “Board”) of FinServ Acquisition Corp. (the “Company”) to pursue other business opportunities. Mr. Levine's resignation was not due to any disagreement with the Company. To fill the vacancy on the Compensation Committee of the Board (the “Committee”) created by Mr. Levine’s resignation, the Board appointed Aris Kekedjian to serve as a member of the Committee and Diane B. Glossman as the Chair of the Committee.
Katapult Holdings, Inc. is an e-commerce focused financial technology company. It offers e-commerce point-of-sale (POS) lease-purchase options for non-prime United States consumers. Its fully digital technology platform provides non-prime consumers with a flexible lease-purchase option to enable them to obtain durable goods from Companyâs network of e-commerce retailers. It primarily operates within the virtual lease-to-own (LTO) market. Its LTO platform offers customers an alternative to traditional financing of automotive goods, computers, electronics, home furnishings and other durable goods. It has launched Katapult Cartridge for business-to-consumer commerce, an omnichannel solution, which is integrated directly with Salesforce and available on AppExchange for consumers who donât have access to traditional financing or credit. Its platform can be integrated regardless of integration method: platform plug-in, developer documentation, and direct application programming interface.