PayFit: Raises €254 million to strengthen its payroll solution for SMEs

PayFit: Raises €254 million to strengthen its payroll solution for SMEs

  • PayFit simplifies and automates payroll and HR processes for businesses of all sizes
  • Raised €254 million (£216M) in a Series E funding round, a record-breaking amount for a French HR tech
  • This round now makes us a unicorn with a valuation of €1.82 billion
  • General Atlantic, a leading global growth equity firm, led the round, with participation from our existing investors Eurazeo
  • The platform enables HR managers, finance managers, and business owners to easily conduct payroll calculations
  • Marks General Atlantic’s seventh investment in France’s technology ecosystem over the last five years
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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