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Founded Year



Series E | Alive

Total Raised




Last Raised

$289M | 2 yrs ago

About PayFit

PayFit develops a software-as-a-service (SaaS) payroll and human resource (HR) platform. The company offers people management, expense management, performance management, leave and attendance management solutions, and more. It was founded in 2015 and is based in London, United Kingdom.

Headquarters Location

9th floor 107 Cheapside

London, England, EC2V 6DN,

United Kingdom

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ESPs containing PayFit

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

Enterprise Tech / Enterprise Applications

The payroll software market offers a range of solutions for businesses to manage their payroll, HR, and employee benefits. These solutions aim to simplify the complex task of paying employees while ensuring compliance with tax laws and regulations. The market includes vendors that offer all-in-one HR platforms, earned wage access technology, unified payroll solutions for global companies, and APIs…

PayFit named as Highflier among 15 other companies, including DailyPay, Gusto, and Rippling.

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Research containing PayFit

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned PayFit in 3 CB Insights research briefs, most recently on Mar 9, 2023.

Expert Collections containing PayFit

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

PayFit is included in 5 Expert Collections, including HR Tech.


HR Tech

4,158 items

The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.


Unicorns- Billion Dollar Startups

1,221 items


SMB Fintech

1,647 items



12,418 items

Excludes US-based companies


Fintech 250

749 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

Latest PayFit News

Rise and shine: Early autumn is the second best time of year for job seekers

Sep 5, 2023

Here's how to get ready... September 5, 2023 - 9:06 am Just as the chill of autumn sets in, the recruitment business heats up. With key decision-makers returning from summer holidays, the job boards are suddenly repopulated with exciting new opportunities. This makes September one of the busiest months in recruitment (second only to the New Year rush in January) and a strategic time to put your best foot forward with potential new employers. It also makes it a great time to self-assess. How do you look on paper? A second or third pair of eyes on your CV is a good idea. Refresh your résumé to include recently acquired and relevant skills — this is especially important if you’ve been with your current employer since before the pandemic. Recruitment (particularly in the tech industry) has changed drastically in the past two years, which means that employers have likely tweaked their expectations for candidates in your field. You should also invest some time in drafting template cover letters that you can adapt quickly as exciting opportunities arise. Consider your corporate image It’s also a good time to do some clever networking and consider following key employers and senior unit managers in your field on social media. Attend some industry events if you can, even in webinar form, and join industry-specific associations as membership can show how motivated and passionate you are, giving you a leg up on the recruitment ladder. While you’re at it, Google — and Google Image — yourself and pimp your social media feeds so they contain the sort of posts you’d like any potential employer to see, should they happen to take a glance. Recent research has shown that they do . Refine your game plan Next, plan the intensity of your attack: Are you actively or passively seeking a new path ? How many applications do you want to engage in per month? If you’re approached to enter a recruitment process, is your heart in it? If the answer is no, don’t fret: the right role in your inbox could turn you into an eager candidate. Keep your options open, but beware of casting your net too wide. Recruiters are often uneasy when they identify mass-application candidates. Instead, tailor your approach. Word-of-mouth matters References and recommendations are about to become important again. Contact your existing referees to give them a heads-up that you’re on the prowl and refresh their memory as to why you’re a great candidate. Consider adding new references from your current working life, if you can do so discreetly. And brush up on what recruitment agents or corporate HR departments are asking referees these days. Even if it’s been a while since you’ve been on the job application treadmill, bear in mind that some things never go out of fashion. Research before an interview is the number one thing that impresses hiring managers, but polite follow-up afterward is almost as important. Finally — get yourself on the job boards. Pencil in a daily visit to the House of Talent Job Board , where autumn really is a fruitful time for job hunters. People Partner, Revolut UK, Remote (United Kingdom) Revolut’s UK team is looking for a People Partner to drive the bank’s people strategy, shape policy, copperfasten results, and instil the right culture. You’ll collaborate with the HR team to champion compliance, operational readiness, and support organisational design, all while enhancing the inclusive workplace culture Revolut is proud of. Policy expertise, analytical skills, and a data-driven outlook are three of the big pluses for candidates in this remote role, based in the UK. Read more about working for Revolut at the House of Talent Job Board. Staff Software Engineer, PayFit, Paris PayFit is an intuitive cloud-based payroll and employee management solution designed specifically for SMBs. They’re seeking a Staff Software Engineer to drive the evolution of PayFit’s SaaS architecture, empower teams to build a sustainable product and promote innovation. You’ll lead critical cross-functional initiatives with a systematic problem-solving approach, coupled with strong communication skills, and a sense of ownership. You will build a culture of technical excellence: data-driven decisions, best practices, incremental delivery, continuous improvements, reliability, observability, and ownership. Discover everything you need to know here. Senior Data Governance / Data Standard Expert (f/m/x), ZEISS Group, München This Senior Data Governance role will play a crucial part in shaping the future of data governance at the enterprise level, and contribute to the success of the digital transformation at ZEISS. You will break down data silos and create interoperability to improve data integrity and maximise the use of shared resources. Plus, you will first run an as-is analysis to establish a roadmap for data standards, and then steer internal data standardisation initiatives. If this sounds like the role for you, you can find out more now . Refreshing your career this autumn? Browse hundreds of newly added job opportunities at the House of Talent Job Board today Dara Flynn is a journalist and content specialist with a background in national newspapers and magazines and a focus on lifestyle, business (show all) Dara Flynn is a journalist and content specialist with a background in national newspapers and magazines and a focus on lifestyle, business and tech. Get the TNW newsletter

PayFit Frequently Asked Questions (FAQ)

  • When was PayFit founded?

    PayFit was founded in 2015.

  • Where is PayFit's headquarters?

    PayFit's headquarters is located at 9th floor 107 Cheapside, London.

  • What is PayFit's latest funding round?

    PayFit's latest funding round is Series E.

  • How much did PayFit raise?

    PayFit raised a total of $497.24M.

  • Who are the investors of PayFit?

    Investors of PayFit include Accel, Eurazeo, Large Venture, General Atlantic, Frst Capital and 11 more.

  • Who are PayFit's competitors?

    Competitors of PayFit include Personio and 3 more.

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
Join a demo
Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

Compare PayFit to Competitors

Moorepay Logo

Moorepay provides payroll and human resources (HR) solutions. It offers payroll services, HR software, auto-enrollment, health and safety, HR services, advocacy services, and much more. It was founded in 1996 and is based in Pendlebury, United Kingdom. It operates as a subsidiary of Zellis.

Pento Logo

Pento develops software as a service (SaaS) based online platform offering payroll solutions. It is an automated payroll solution with support from payroll experts. It enables small and medium-sized companies to find a digital way to automate salary processing and taxes. It was founded in 2016 and is based in London, United Kingdom.

IRIS Software Logo
IRIS Software

IRIS Software is a UK provider of business-critical software and services to the UK accountancy and payroll sectors. IRIS offer customers the broadest range of specialist accountancy software and services. The company was founded in 1978 and is based in Slough, England.

Everee Logo

Everee offers a platform focused on payroll and managing HR.

Payright Workforce Solutions

Payright Workforce Solutions offers workforce and human capital management (HCM) solutions. The company offers HCM services such as recruiting, leave management, benefits administration, performance management, scheduling, and more. It also offers payroll and consulting solutions such as on-site analysis, custom implementation, benefit accruals, tax pay, and more. It serves various sectors such as transportation, manufacturing, healthcare, automotive, and retail. The company was founded in 1989 and is based in Acton, Massachusetts.


AccuPay provides services and management of payroll processing. The company offers a full range of payroll-related services, HR solutions, employment screenings, tax filing, benefit services and more. It was founded in 1969 and is based in Hatboro, Pennsylvania.

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