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PayFit

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An integrated payroll and HR management software

PayFit GmbH

Accounting and Invoicing

About PayFit

Paying employees has never been easier. PayFit allows SMEs to easily manage the pay and leave of their employees.

In 2015, the observation was simple: no employer was satisfied with the solutions used to manage the pay of its employees. No solution allowed a company to manage payroll quickly and without prior expertise. No solution answered automatically and securely to the French administrative complexity. There was no solution to centralize all the issues related to employee management on a single tool. No solution offered an intuitive and user-friendly interface for the employer but also for the employee.

German subsidiary. Headquarters in Paris, France, founded in 2015.

Company was liquiditated on 15.02.2023.

Funding

€84.5m

Total raised

RoundYearAmount
Latest round 2019 €65m
Round −1 2017 €14m
Round −2 2016 €5.5m

Financials (€m)

YearRevenueEBIT
2019 €-3.6m
2020 €-5.9m
2021 €-200k