PayFit
PayFit automates payroll and HR for European SMBs with expert support.
PayFit is Europe's leading cloud-based payroll and HR software that combines the control of in-house payroll with the expertise of outsourced services. It automates payroll calculations, tax deductions, and social contributions while offering integrated HR capabilities including absence management, time tracking, expense tracking, and onboarding. The platform targets SMBs with 20-300 employees across Europe, with particular strength in France and the UK, serving over 6,500 companies.
Problem solved
SMBs struggle to choose between expensive outsourced payroll services and the complexity of managing payroll in-house with constant compliance updates across different European jurisdictions.
Target customer
Small to medium-sized businesses (20-300 employees) in Europe, particularly France and UK, seeking to modernize payroll without outsourcing control or hiring dedicated payroll teams.
Founders
F
Firmin Zocchetto
Co-Founder & CEO
Serial entrepreneur and angel investor with previous startup experience; leading PayFit's vision and growth.
F
Florian Fournier
Co-Founder & Deputy CEO
Graduate of Ecole Polytechnique with degree in Mathematics and Physics (2013-2017); previously at FrenchCPO; also CEO of Orasio.
G
Ghislain De Fontenay
Co-Founder & CTO
Technical co-founder who built PayFit's core architecture and platform infrastructure.
Funding history
Seed
$565.9K
January 2016
Led by Unknown
· Unknown
Series A
$5.6M
October 11, 2016
Led by Otium Capital
· The Family
Series B
$15.8M
July 6, 2017
Led by Otium
· Unknown
Series C
$79.0M
June 2019
Led by Unknown
· Unknown
Series D
$107.0M
March 2021
Led by Unknown
· Unknown
Series E
$289.0M
January 6, 2022
Led by General Atlantic
· Eurazeo, Bpifrance, Accel
Total raised:
$496M
Industries
Pricing
Subscription-based SaaS with tiered plans. UK pricing: Light starts at £34/month (£29 base + £5 per user), Standard at £65/month (£59 base + £6 per user), Premium at £126/month (£119 base + £7 per user). Pricing varies by country, company size, and number of employees.
Notable customers
6,500+ companies including Biocoop, Heetch, Gymlib, Big Mamma, le Slip Français, Zenly, Sellsy, Gameloft, Theodo
Website
Competitors
Workday
Enterprise-focused global HR and payroll platform; much larger scale and price point than PayFit's SMB focus.
Gusto
US-focused payroll and HR platform; PayFit targets European market with local compliance expertise.
Rippling
Broader workforce management and IT platform; less specialized in payroll compliance than PayFit.
ADP Workforce Now
Enterprise payroll solution; significantly more complex and expensive than PayFit's simplified SMB offering.
BambooHR
HR-focused with payroll as secondary feature; PayFit leads with integrated payroll automation backed by expert support.
Why this matters: PayFit is Europe's leading SMB payroll software and one of the fastest-funded European HR tech companies, raising $496M to date including a $289M Series E. The company's hybrid payroll model—combining automation with expert support—addresses a real gap between expensive outsourcing and DIY complexity, making it a compelling alternative to both legacy payroll processors and new US-focused competitors.
Best for: European SMBs (20-300 employees) seeking a modern payroll and HR platform that combines automation with expert support without the cost and complexity of traditional outsourcing.
Use cases
Scaling from manual to automated payroll
A 50-person tech startup managing payroll in spreadsheets can migrate to PayFit, automating salary calculations, tax deductions, and compliance across multiple European countries. Payroll is now handled in clicks instead of hours, freeing HR team to focus on talent strategy.
Multi-country payroll compliance
A French e-commerce company expanding to the UK needs compliant payroll systems in both jurisdictions. PayFit's platform handles country-specific tax rules, social contributions, and legal requirements automatically, eliminating the need for separate outsourced services in each market.
Integrated HR and absence management
A 150-person agency uses PayFit's unified platform to track employee absences, expenses, and time off in a single interface, with seamless integration to payroll. Previously fragmented across email and spreadsheets, they now have complete employee data visibility.
Alternatives
Rippling
Broader workforce management and IT focus; better for companies needing device management and IT integration alongside payroll.
ADP Workforce Now
Enterprise-grade solution with more complexity; choose if you need white-glove service and have 500+ employees.
BambooHR
HR-first platform with basic payroll; choose if HR workflows and employee self-service are your primary need.
Sage Intacct
Accounting and finance focused payroll; choose if integrated accounting and financial reporting is critical.
FAQ
What does PayFit do? +
PayFit is a cloud-based payroll and HR platform for European SMBs that automates payroll calculations, tax deductions, and social contributions while offering integrated HR features like time tracking, absence management, and expense tracking. It combines the control of in-house payroll with the expertise typically associated with outsourced payroll services.
How much does PayFit cost? +
PayFit uses a subscription model with tiered plans starting at £34/month for the Light plan (UK pricing). Standard plan starts at £65/month and Premium at £126/month. Pricing includes a base fee plus per-user costs and varies by country and company size.
What are alternatives to PayFit? +
Top alternatives include Rippling (broader workforce management), Gusto (US-focused), ADP Workforce Now (enterprise payroll), BambooHR (HR-first approach), and Sage Intacct (accounting-integrated). Choose based on company size, geography, and whether HR or payroll is the priority.
Who uses PayFit? +
PayFit serves 6,500+ companies across Europe, primarily SMBs with 20-300 employees. Notable customers include Biocoop, Heetch, Gymlib, Zenly, Sellsy, and Gameloft. The platform is particularly popular in France and the UK.
How does PayFit compare to Gusto? +
PayFit is Europe-focused with deep expertise in local tax compliance across multiple countries, while Gusto specializes in the US market. PayFit emphasizes the hybrid model of automation plus expert support; Gusto focuses more on self-service automation. For European companies, PayFit offers better local compliance coverage.
Does PayFit handle multi-country payroll? +
Yes, PayFit is designed to handle payroll across multiple European countries with country-specific tax rules, social contributions, and legal requirements built into the platform. This is a key differentiator for scaling European companies.
Tags
payroll
HR software
Europe
SMB
automation
compliance
SaaS
tax
human resources
employee benefits