Startups

Platform enabling small and medium enterprises to effortlessly pay their employees.

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Summary

Seedtable Score

Score icon 60

Locations

Company Size

  • 251 to 500

Last Stage Round

Industry

Insights

Payfit, based in Paris, addresses a critical need for small and medium enterprises: payroll management. The platform's user-friendly, SaaS-based approach automates payroll processes, reducing administrative workloads and minimizing errors and compliance issues common with manual methods or basic accounting software. By focusing on SMEs, Payfit differentiates itself from broader payroll solutions, offering a tailored service that enhances operational efficiency. Supported by investors like Accel and Eurazeo, Payfit is poised for growth and aims to capture a significant market segment in the payroll management industry.

Total Funding
$474M

Investors