Playter Pay Raises £1 Million For Its Hire Now, Pay Later Payment Solution

– Playter Pay Raises £1 Million For Its Hire Now, Pay Later Payment Solution
– Playter Pay is one of a large and growing number of companies looking to make scaling a business more accessible and affordable.
– Founder, Jamie Beaumont conceived ‘Hire Now, Pay Later’ after discovering first-hand a pain point for both recruiters and SME’s in the up-front cost associated with recruitment fees.
– This week, the company announced that it has raised £1 million led by a consortium of investors. The investment, comprising both debt and equity will allow Playter Pay to help SMEs borrow and spread the cost of their recruitment invoices over 6 months, whilst paying the recruitment agency within 24 hours of invoice.