Insights

European Expansion PayFit has a strong European footprint with offices and operations in France, Spain, United Kingdom, Germany and Italy, indicating expanding payroll and HR needs across multiple markets. This suggests sales opportunities for cross-border payroll compliance, localization features, and multi-country onboarding solutions.

SaaS Automation Value As an automated SaaS payroll and HR platform serving 20,000+ businesses, PayFit targets small businesses seeking time and cost savings. Opportunities exist to upsell additional HR modules, benefits integrations, and self-serve onboarding capabilities to accelerate adoption among mid-market clients.

Strategic Integrations Recent and ongoing integrations with Squadra Planning, Kota for benefits, and potential ecosystem partnerships signal a preference for complementary systems. There is potential to position connectors and data-driven workflows, targeting payroll, benefits, and HRIS integrations for customers seeking end-to-end solutions.

Growth & Funding Pace With a Series D funding of $107M in 2021 and ongoing expansion plans to surpass 1,000 employees, PayFit is in growth mode. This presents opportunities to align with enterprise-grade security, scalable deployments, and premium support offerings for larger or rapidly scaling SMEs.

Self-Serve Onboarding The launch of Self-Serve in 2022 indicates a customer desire for frictionless sign-up and onboarding. Sales opportunities exist to market self-serve onboarding enhancements, trial-to-paid conversion optimization, and guided onboarding services to reduce time-to-value for new customers.

Similar companies to PayFit

PayFit Tech Stack

PayFit uses 8 technology products and services including LinkedIn Recruiter, Prometheus, NetSuite, and more. Explore PayFit's tech stack below.

Media & News

PayFit's Email Address Formats

PayFit uses at least 4 email formats:
PayFit Email FormatsExamplePercentage
First.Last@payfit.comJohn.Doe@payfit.com
89%
First.Middle@payfit.comJohn.Michael@payfit.com
7%
First@payfit.comJohn@payfit.com
3%
First.MiddleLast@payfit.comJohn.MichaelDoe@payfit.com
1%

Frequently Asked Questions

What is PayFit's official website and social media links?

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PayFit's official website is payfit.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does PayFit generate?

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As of August 2026, PayFit's annual revenue is estimated to be $10M - $25M.

What is PayFit's SIC code and NAICS code?

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PayFit's SIC code is 7372 - Prepackaged Software and NAICS code is 5112 - Software Publishers.

How many employees does PayFit have currently?

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As of August 2026, PayFit has approximately 771 employees across 2 continents, including Europe and Africa. Key team members include Cro & Web Growth Apprentice: M. D., Chief Commercial Officer: S. R. and Chief Human Resources Officer: N. K. Explore PayFit's employee directory with LeadIQ.

What industry does PayFit belong to?

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PayFit operates in the Software Development industry.

What technology does PayFit use?

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PayFit's tech stack includes LinkedIn Recruiter, Prometheus, NetSuite, Google Cloud Platform, Asana, Atlassian Jira, Puppet and GitHub Copilot.

What is PayFit's email format?

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PayFit's email format typically follows the pattern of First.Last@payfit.com. Find more PayFit email formats with LeadIQ.

How much funding has PayFit raised to date?

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As of August 2026, PayFit has raised $496M in funding. The last funding round occurred on Aug 04, 2022.

When was PayFit founded?

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PayFit was founded in 2015.
PayFit logo

PayFit

Software DevelopmentÎle-de-France, France501-1000 Employees

PayFit develops payroll and HR management software for small businesses, delivered as an automated SaaS platform. It automates core payroll and HR tasks to help HR teams and business owners save time and reduce costs, freeing them to focus on employees. Since 2016, the company has pursued digital HR transformation across Europe by expanding its feature set and services. It serves customers in France, Spain and the United Kingdom, and more than 20,000 businesses rely on its payroll monthly, including Livestorm and EGYM Wellpass.

Headquartered in Paris, Île-de-France, PayFit sits in the software development industry and is a mid-sized European player. The company has expanded its footprint to Germany, Spain, and the United Kingdom, and in 2025 announced an integration with kota.io to link its payroll engine with a benefits administration platform.

Section iconCompany Overview

Website
payfit.com
SIC Code
7372 - Prepackaged Software
NAICS Code
5112 - Software Publishers
Founded
2015
Employees
501-1000

Section iconFunding & Financials

  • $496M

    PayFit has raised a total of $496M of funding over 7 rounds. Their latest funding round was raised on Aug 04, 2022 as a Secondary Market.

  • $10M - $25M

    PayFit's revenue is estimated to be in the range of $10M - $25M

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