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PayFit is a company developing a SaaS tool for human resources management and handling payroll. The tool automatically generates payslips on the selected date and informs employees by email. PayFit also enables companies to manage leaves and absences, expense reports and monitor working time.
TypePrivate
Founded2015
HQParis, FR
Websitepayfit.com

Latest Updates

Employees (est.) (Jul 2021)538(+3%)
Cybersecurity ratingAMore

Key People/Management at PayFit

Firmin Zocchetto

Firmin Zocchetto

Co-Founder and CEO

PayFit Office Locations

PayFit has an office in Paris
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PayFit Financials and Metrics

Summary Metrics

Founding Date

2015

PayFit total Funding

$207.8 m

PayFit latest funding size

$107.28 m

Time since last funding

4 months ago

PayFit investors

PayFit's latest funding round in March 2021 was reported to be $107.3 m. In total, PayFit has raised $207.8 m
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PayFit Operating Metrics

PayFit's Users was reported to be 5 k in Mar, 2021.
Mar, 2021

Users

5 k
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PayFit Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

PayFit Online and Social Media Presence

Embed Graph

PayFit News and Updates

French payroll and HR platform PayFit raises €90 million

Digital payroll and human resource management firm PayFit has raised a €90 million series D funding.

PayFit raises $107 million for its payroll and HR platform

French startup PayFit has raised a $107 million series D funding round (€90 million). Eurazeo Growth and Bpifrance’s Large Venture fund are leading today’s round. Existing investors Accel, Frst and Xavier Niel are participating once again. PayFit has been building a payroll and HR software-as-a-serv…

Paris-based HRtech PayFit raises €90 million in Series-D round

Paris-based HRtech firm PayFit saw a 40% growth over the course of 2020, and has closed a €90 million Series-D funding round. The round was led by Eurazeo Growth, Large Venture and BPI France and saw participation from existing investors Accel, Frst and French billionaire Xavier Niel. Previously kno…

French scaleup PayFit raises €90 million to become a European leader in HR and payroll management for SMEs

Paris-based HRtech leader PayFit has secured a €90 million Series D funding – hot off the heels of a €70 million round closed in 2019 – enabling the scaleup to pursue its ambition to simplify payroll and human resource management for all European SMEs.  The investment round follows the company’s 40%…

PayFit unveils Expense Capture functionality

PayFit, one of the fastest-growing tech companies in Europe, has unveiled new receipt capture functi...

PayFit raises $79 million for its payroll service

French startup PayFit is raising a new $79 million funding round (€70 million) from Eurazeo and Bpifrance. The company first started with a payroll service for small and medium companies in France. It has evolved into a full-fledged HR solution for multiple European countries. PayFit uses a software…

PayFit Blogs

8 tips to guarantee a successful remote onboarding

While many companies may be furloughing and making staff redundant, others are still looking to hire. We sat down with recruitment specialists, Tempo, to discuss how to successfully welcome new starters to a company when in full-scale remote work.

Coronavirus: important updates to the furlough scheme

On Friday the 29th of May, the Chancellor, Rishi Sunak, announced some significant changes to the Coronavirus Job Retention Scheme. But what are they and what do employers have to do?

Everything you need to know about employer PAYE

The PAYE system is used by employers all across the UK. But what is it exactly? In this short piece, we run through all of the key information, requirements and deadlines.

Furlough to redundancy - what are the correct procedures to follow?

Rishi Sunak’s Coronavirus Job Retention Scheme has been designed to minimise the number of redundancies over the next few months. However, despite the measures put in place, many will still sadly lose their jobs. In this article, we take a look at the correct procedures to follow when tu…

Coronavirus: supporting the mental health of furloughed employees

This week marks Mental Health Awareness Week, and to help encourage discussion around the subject, we’ve looked into how employers can help support the mental wellbeing of their furloughed employees.

Mental Health Awareness Week

Today is the start of Mental Health Awareness Week and to mark the occasion, we’ve written an article that focuses on mental health in the workplace and how companies can look to ensure the mental wellbeing of their staff.
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PayFit Frequently Asked Questions

  • When was PayFit founded?

    PayFit was founded in 2015.

  • Who are PayFit key executives?

    PayFit's key executives are Firmin Zocchetto.

  • How many employees does PayFit have?

    PayFit has 538 employees.

  • Who are PayFit competitors?

    Competitors of PayFit include Factorial, Personio and Tillhub.

  • Where are PayFit offices?

    PayFit has an office in Paris.

  • How many offices does PayFit have?

    PayFit has 1 office.