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PayFit reaches profitability and becomes an AI-augmented payroll and HR service to all businesses

PayFit, the payroll and HR platform is upgrading its business model, becoming an end-to-end payroll and HR service augmented by AI, with payroll at its core and extending into employee management. The company is combining its trusted platform, 200 payroll experts and PayFit AI to bring a payroll and HR service capable of carrying out tasks across payroll and HR, while taking end-to-end responsibility for payroll compliance.

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PayFit launches PayFit Copilot, a contextual AI HR agent to answer all employee queries

PayFit is evolving PayFit Copilot into a truly contextual AI HR agent that is accessible to everyone. PayFit Copilot now adapts to the specific situation of each user, whether they are an HR professional, a manager or an employee, taking into account their role, their company and their authorised data.

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New PayFit x Kota Integration

PayFit integrates with Kota to give employees access to affordable private health benefits directly through payroll

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Barometer: UK Workers and Payroll Literacy

UK workers top Europe at 73% payslip comprehension, yet 1 in 4 struggle with tax and pensions: PayFit launches first AI-enhanced interactive payslip

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When AI Makes Payroll Readable: Launch of the Interactive Payslip

PayFit introduces interactive payslip feature: over 500 possible payslip line variations now clickable and explained to employees, case by case

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PayFit raises €254 million to strengthen its payroll solution for SMEs

We're incredibly excited to announce that we've raised €254M in our Series E funding round, a record-breaking amount for a French HR Tech.

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Techcrunch

Payroll startup PayFit is France’s latest unicorn as it raises $289 million

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Business Age Q&A with our CEO Firmin

Firmin Zocchetto, co-founder and CEO of PayFit, explains how he's revolutionising payroll for entrepreneurs and SMEs

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PayFit Raises €254M to continue Transforming HR Technology
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Key figures

€ 433M

€ 433M

raised in total from renowned investors

+700

+700

employees across the UK, France and Spain

+ 20,000

+ 22,000

customers in the UK, in Spain and in France

+250,000

+250,000

payslips managed per month

About PayFit

Launched in 2016, PayFit is the payroll and HR service for every business. Operating in France, Spain and the United Kingdom, PayFit combines human expertise, AI and a complete People platform to help businesses manage payroll and HR with clarity, accountability and full compliance.

Built on millions of payslips processed, PayFit supports more than 20,000 businesses and helps pay 250,000 employees every month. The company employs more than 700 PayFiters across Europe and was founded by Firmin Zocchetto, Ghislain de Fontenay and Florian Fournier.