3 years ago

Playter Raises £45 Million to Expand B2B BNPL Platform

  • Playter, a London-based B2B buy now pay later (BNPL) platform, has secured £45 million in funding from investors including Adit Ventures, Fasanara Capital, Fin Capital, Act Venture Capital, and 1818 Ventures

  • Playter's platform allows businesses to spread payments for purchases like software, agency fees, and office rent over six months to a year

  • The funding will be used to support Playter's growth in the UK and potentially expand internationally

  • The company aims to help SMEs manage their working capital and invest in areas like marketing, hiring, and development.

      • ProblemFinancial Services

      "Businesses, especially SMEs, struggle with cash flow management and often can't access flexible payment options for essential business expenses."

      Solution

      "Playter provides a B2B Buy Now Pay Later (BNPL) platform that allows businesses to spread the cost of large purchases over time, improving cash flow and offering greater financial flexibility."

      Covered on