PayFit raises £77M, bullish to grow its team in London

French HRtech startup PayFit has raised €90 million (nearly £77 million) in a Series D funding round led by Eurazeo Growth, Large Venture, and BPIFrance, with participation from existing investors Accel, Frst, and French billionaire Xavier Niel. The company plans to use the funding to grow its team in London and other locations, further develop its HR solution, and expand its customer base. PayFit aims to increase its headcount from 550 to between 800 and 1,000 by the end of 2022.

PayFit Secures €90 Million to Fuel UK Expansion and Product Development

PayFit is a French HRtech startup that aims to facilitate complex and time-consuming payroll and HR tasks. The leader in HR and payroll management for SMEs, PayFit offers a comprehensive HR solution, including payroll, HMRC submissions, absences and holidays, expense reports, employee onboarding, and employee contact information. The company also provides relevant data analysis to identify gender pay gaps in organisations.

PayFit is a French HRtech startup that simplifies payroll and HR tasks for SMEs.

4 years ago

PayFit Secures €90 Million to Fuel UK Expansion and Product Development

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