4 years ago

Playter Pay Secures £1 Million in Funding

  • Playter Pay, a London-based 'Hire Now, Pay Later' startup, has raised £1 million in both debt and equity funding

  • The round was led by a consortium of unnamed investors

  • Playter Pay intends to use the funds to expand operations, marketing, and development efforts

  • The company enables SMEs to borrow and spread the cost of their recruitment invoices over six months while paying the recruitment agency within 24 hours of invoice.

      • ProblemFinancial Services

      "hiring can be a costly and time-consuming process for small and medium-sized enterprises (SMEs)"

      Solution

      "a 'Hire Now, Pay Later' platform that enables SMEs to borrow and spread the cost of their recruitment invoices over 6 months while paying the recruitment agency within 24 hours of invoice"

      Covered on