Payl8r logo — Be, See, Do More with Payl8r.

Payl8r

Be, See, Do More with Payl8r.

Founded 2014 United Kingdom Manchester, United Kingdom 35 employees Debt Financing Total: $40.00M E-Commerce, Finance

General Information

Company Name Payl8r
Founded Year 2014
Location United Kingdom Manchester, United Kingdom
Employees 35
Industries E-Commerce, Finance
Funding Stage Debt Financing
Social

BounceWatch is an independent company data service, not affiliated with Payl8r. To contact Payl8r, visit payl8r.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

About Payl8r

Payl8r is a modern and flexible finance solution for this generation, providing a convenient method of paying for goods and services online and in-store. The company's lending model is based on affordability rather than just credit history, making it accessible to a larger audience, including those with thin credit files, no credit, previous bad credit, students, and benefit recipients. With an emphasis on affordability and ease of use, Payl8r aims to offer an attractive and beneficial alternative to credit cards, without burdening customers with debt or fees. The company's typical interest rates are 2% per month, and it works with businesses of all sizes, from sole traders to large enterprises. Notably, Payl8r assumes all risk and pays retailers the full funds on the same day.

Founded in 2014 and headquartered in the United Kingdom, Payl8r recently secured a £40.00M debt financing investment on 26 July 2021, with Conister Bank as the investor. This investment underscores the confidence in Payl8r's innovative approach to finance and its potential for growth in the e-commerce and finance industries. With its unique value proposition and recent investment, Payl8r is well-positioned to make a significant impact in the evolving landscape of digital payments and consumer finance.

Taxonomy: retail finance, customer finance, affordable finance, payment plans, online payment, in-store payment, flexible financing, modern finance, credit alternatives, small business lending, consumer lending, retail industry, technology, financial inclusion, alternative credit options

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing £40.00M 1
Conister Bank
26 Jul 2021

Payl8r Alternatives & Competitors

Payl8r vs
blnk
blnk Egypt

Enabling Inclusion through Point-Of-Sale Financing

Debt Financing
203 employees
E-Commerce, Finance
Payl8r vs

The enterprise Buy Now, Pay Later solution for the world's leading travel, retail and e-commerce bra...

Debt Financing
159 employees
E-Commerce, Finance
Payl8r vs
Sunbit
Sunbit United States

Financial technology for real life. We're available in over 40,000 locations & growing.

Debt Financing
547 employees
E-Commerce, Finance

FAQ About Payl8r

Be, See, Do More with Payl8r.
Payl8r was founded in 2014.
Payl8r is headquartered in Manchester, United Kingdom.
Payl8r operates in E-Commerce and Finance. Its work centres on retail finance, customer finance, affordable finance and payment plans.
Payl8r has approximately 35 employees.
Payl8r has completed 1 funding round, raising a total of $40.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Payl8r include blnk, Flex Pay (formerly Uplift), Sunbit, Pp Promotora De Vendas S.A., Mintpay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Payl8r and blnk are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Payl8r, https://bouncewatch.com/company/payl8r, updated 29 November 2024. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes