Playter Raises $55M in Funding
- Playter, a London-based growth platform that helps SME’s scale quicker with buy now, pay later (BNPL), closed a $55m equity and debt funding round
- The round was led by Adit Venture Capital and Fasanara Capital, with participation from Fin Capital, Act Venture Capital, and 1818 Ventures
- The company intends to use the funds for expansion within the UK market
- The company brings BNPL to the B2B space enabling businesses to pay for professional services invoices
- For SMEs, the company’s platform allows businesses to take control of payment terms
- This means that they can spread the cost of software, agency fees, rent, marketing, and many more payments over 6 or 12 months
