Playter secures £1.3m in seed funding from Fin Capital and 1818 Ventures to expand its invoice platform
The seed round was co-led by Fin Capital and 1818 Ventures to accelerate the rollout of its buy now, pay later service.
Playter operates a growth platform providing buy now, pay later services for small and medium enterprises. The company is headquartered in London.
London-based growth platform Playter has secured £1.3m in seed funding to support its ongoing expansion. The round was co-led by Fin Capital and 1818 Ventures, with participation from RLC Ventures and various angel investors.
Founded in 2021, the company offers a buy now, pay later service tailored for business invoices, allowing startups to manage cash flow and secure upfront discounts. Playter has experienced rapid growth in recent months, scaling its size and revenue significantly.
The newly acquired capital will be deployed to sustain this momentum and continue rolling out the platform to more corporate clients.
From the founder
"Accessing funds for businesses can be a painful, complex and time consuming experience, but we’re here to fix that. Our subscriptions offer clients access to easy, fast and affordable funding to spread their services into manageable payments. We’re helping businesses increase their liquidity and stretch their cash flow further and for longer."
Jamie Beaumont
CEO at Playter
Investor perspective
"We are excited about the new generation of B2B embedded BNPL FinTechs in the wake of the success of Klarna, Affirm, and Block/Afterpay. We are bullish on what the team at Playter is building and the great early traction they are seeing. B2B embedded BNPL is the next big wave in this space and we look forward to supporting Jamie and the team as they scale."
Henry Cashin
Head of Europe, Fin Capital
Use of funds
- 01Scale operations
