Playter Asset Profile

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Year established

2018

Location

London UK

Primary Industry

Financial Services

About

Founded in 2018 and based in London, UK, ImployApp Limited, trading under the name Playter, provides a hire now and pay later payment solution that helps small and medium enterprises (SMEs) in recruiting candidates. The firm was founded by Jamie Beaumont and the company raised GBP 1 million in funding in December 2020. Playter Pay enables SMEs to look for potential candidates and allows them to borrow and spread the cost of their recruitment invoices. The firm's solution funds SMEs to fully pay the recruiters while the recruitment agencies receive the full payment within 24 hours. The firm generates revenue by providing a subscription plan with the highest interest rate of 1.67% per month to hiring SMEs that will avail the services of Playter Pay upon meeting the given criteria of funding. The firm's funding solution to SMEs is payable for up to 6 months. The firm plans to use its seed funding in December 2021 for its own recruitment, marketing, and enhancing its customers' user experience.

Current Investors

Concept Ventures, Fin Venture Capital, 1818 Venture Capital

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Primary Industry

Financial Services

Sub Industries

e-Financial, Consumer Finance, Accounting/Finance Software

Website

www.playter.co

Verticals

Cloud Computing, FinTech, FinTech

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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