Payfit - Fintech Europe

PayFit

PayFit is an integrated payroll and HR management software. The company was founded in Paris, France in 2016, where the headquarters are also located. Following its 2016 launch, PayFit has expanded its services to other countries in Europe, such as Spain and Germany in 2018, and the United Kingdom in 2019. As a result, PayFit has a total of 5 offices in Paris, Barcelona, Berlin, and London.

As of November 2019, PayFit employs over 400 people, who work together to offer top-notch services. On top of that, the company boasts an impressive number of over 4000 satisfied clients, with the numbers growing day by day. PayFit continues to spread its influence across Europe with its user-friendly software.

The company aims to improve the handling of human resources for European companies. PayFit manages to transcend others due to the high standards they maintain. Additionally, their main goal is to make customers happy, as well as build the best human resource management software in the world. They have full confidence in their hard work to reach all the goals they set.

PayFit automates manual HR processes

Interestingly, PayFit is very generous to its employees and takes good care of them. They have provided a hospitable workspace, by organizing regular team-based events and encouraging total transparency between employees. On top of that, they have a rewarding system and like to put the spotlight on their highest achieving employee, which boosts the overall morale of the workspace, as well as improve client satisfaction.

PayFit has a shared vision of designing a user-friendly solution that would improve the platform that manages payroll, paying taxes, applying for leave, and much more. They deeply care about their customer satisfaction, and to do so, they keep their workforce happy and satisfied. They strive for excellence and over performing. Additionally, PayFit is eager to build more powerful software and puts all its effort into building powerful tools that would take labour law and collective agreement into play.

PayFit also has an around-the-clock support system a click away. This ensures a perfect balance between people and modern technology. They have personalized chat systems, Payroll and Human Resource expert, which guarantee a quick response time, as well as 100% compliance to the customers.

PayFit provides a monthly payroll checklist, End and start of tax year checklist, and provides performance review to check their employee’s performance throughout the year. The Human Resource tool puts 10 unique and innovative HR tools on the table to help you simplify and automate your processes. They offer many management options, such as management of leaves and absences, management of expenses and payroll.

PayFit also provides a live demo account for potential customers, which provides a free tour of the platform. The demo is completely free, with no hidden fees. Consequently, customers won’t be charged extra for any document generation. All the related work cost is covered in the fees paid. Fees are subjective to the number of employees a company has, but the prices are very attractive compared to the benefits PayFit brings. They also bring a commitment-free subscription to the table, meaning the subscription can be cancelled anytime, without any cancellation cost.

Finally, PayFit raised over $70 Million from Eurazeo and Bpifrance and $15.9 million from Accel with Xavier Niel and Otium Venture in 2017.  On top of that, they have landed some prominent companies such as Gameloft, Save, Lendix, Big Mamma, Heetch, Zenly, and Sellsy and grabbed the attention of Forbes, TechCrunch, and Fast Company.