France based Saas Startup Payfit Raises $79 million
French startup Payfit raises $79 million funding from Eurazeo and Bpifrance. The funding will use to double its workforce by 2020.
Founded in 2016 by Firmin Zocchetto (CEO), Ghislain de Fontenay (CTO) and Florian Fournier (CPO), PayFit raises $5.6 million from Xavier Niel and The Family in 2016 and $15.7 million from Accel in 2017.
After today's round, the total funds will be more than $100 million.
PayFit a software-as-a-service-based platform automates everything from RTI submissions and employee payslips to leaves and expenses.
The company allows small and medium enterprises to easily and quickly pay their employees.
The company now provides full-fledged HR solutions to 3000 clients based in multiple European countries.
Hire around 300 people, Payfit developed it...