PayFit is an integrated payroll and HR management platform that simplifies payroll management and HR processes for SMBs.
PayFit automates everything from HMRC RTI submissions and payslips to employee leaves and expenses.
Payfit was founded in 2015 by Firmin Zocchetto, Ghislain de Fontenay and Florian Fournier. The company is headquartered in Paris, with multiple offices across Europe.
PayFit's solution makes it possible to manage the hiring of an employee, pay slips, social declarations (DSN, DPAE, Pôle Emploi certificate, etc.), paid leave, end of contract, expense reports, etc.
PayFit has expanded beyond payroll to tackle a bigger chunk of the HR stack. Each employee gets its own PayFit login to access their payslips. The PayFit app enables you to manage your payroll and HR tasks quickly and in real-time, all while ensuring you remain 100% compliant.
PayFit is used by 6,000 companies, with around 150,000 people currently getting paid through the platform.
PayFit is backed by General Atlantic, Accel, Eurazeo, BPI France, Otium Capital, and others. The company raised $289M (€254M) in Series E round on Jan 06, 2022. This brings PayFit's total funding to $497.4M to date. The latest round mints PayFit a unicorn with a valuation of $2.1B (€1.82B) post-money.