PayFit is a subscription-based SaaS platform that manages payroll and HR processes for small and medium-sized businesses. It automates payroll calculations, tax withholdings, benefits, and HR workflows, and offers employee self-service and reporting through a web-based interface. The product is designed for multi-country use, operating primarily in France, Spain, and the UK, and keeps compliance up to date with automatic updates. Customers access the service to streamline payroll and HR tasks, reduce manual work, and accelerate digital transformation of people operations. PayFit differentiates itself by focusing on SMBs with an easy-to-use, automated solution that supports multiple countries, a broad client base (6,500+ companies), and a scalable subscription model. The company's goal is to save business owners and HR professionals time and money by simplifying payroll and HR management.
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Industries
Company Size
501-1,000
Company Stage
Series E
Total Funding
$476.9M
Headquarters
Paris, France
Founded
2015
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Total Funding
$476.9M
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WeWork for Business Paris recap: five lessons for putting AI to work. Companies are investing heavily in AI, but the productivity gains have been slow to arrive. At WeWork for Business in Paris, leaders from Payfit, CBRE, and Cortex House explained what it takes to close the gap. The way companies work, grow, and make decisions is changing faster than ever. Its WeWork for Business event series brings business leaders and industry experts together in New York, Paris, and Mexico City to talk about what that change means in practice. On September 29, the series came to WeWork 33 Rue la Fayette in Paris for AI: What's Really Changing for Businesses. Keynote speaker Gilles Babinet, entrepreneur and president of Café IA, opened with an important question: why are companies investing so heavily in AI without seeing widespread productivity gains? Most organizations still run on principles inherited from the Industrial Revolution, and simply adding AI to existing ways of working won't, by itself, make people more productive. A panel moderated by Les Échos journalist Charlie Perreau picked up that thread with Inès Salhi, Chief Product Officer at Payfit; Adrien Raffin of CBRE; and Albin Serviant, creator of Cortex House. Here are five lessons from the evening for balancing AI's promise and its results. 1. Start with the business problem, not the technology. New models and tools appear almost daily, and Raffin admitted CBRE is "constantly approached" by companies offering new solutions. "The important thing is not to start by asking which AI tool we should use," he said. "We first need to understand where AI can create value." For CBRE, that means finding inefficiencies and friction between departments before choosing any technology. Salhi has come to the same view at Payfit. "The latest model is not necessarily what will make the biggest difference to our customers or our productivity," she said. Her team puts its energy into how agents are built and what information they can reach. Babinet argued that the biggest gains come from rethinking how a business creates and delivers value. He pointed to Tesla, which has expanded from cars into software, charging, insurance, and autonomous driving, and suggested retail, real estate, and building management could see similar shifts. 2. AI adoption is moving from individual tools to connected workflows. Payfit introduced Payfit Copilot early as a knowledge-sharing chatbot, and it was adopted faster than any product the company had launched. Salhi described what came next. First, the goal was getting as many employees as possible comfortable experimenting. Then came shared agents and knowledge management. Now Payfit is building workflows that span customer support, product, and sales. "These are no longer individual productivity tools," Salhi said. "They are collective workflows." Letting employees pick their own tools helped early adoption. Once teams started building shared agents, Payfit moved most of them onto one platform so they could stop debating tools. Babinet sees this across the industry, with more of AI's value now coming from the orchestration and workflows built around the models. 3. Company knowledge is now a competitive asset to protect. Babinet warned about the risk to what he called a company's "cognitive image," its collective knowledge of how it actually operates. With agentic AI, he said, access to a company's internal communications and systems could let another organization reconstruct much of its operating model. He expects more companies to keep sensitive data on private infrastructure and use external models for specific tasks. The panelists described how they handle this today. "When we build an AI agent for our customers, it must operate with exactly the same permissions as the person using it," Salhi said. Payfit applies the same rule internally and reviews each new connector, since information hidden in an app's interface can sometimes still be reached through an integration. At CBRE, where data is "a significant part of the value we provide to our clients," AI has been introduced gradually in secure environments. Serviant pointed out that the connections between systems can be vulnerable even when each application is secure. Interested in learning more? Complete the form below to receive the latest in news, insights, product updates, and more from WeWork. Raffin admitted the caution has a cost. By the time a new tool is approved, the technology may have moved on. "It is a constant balance between moving quickly and protecting the business." 4. AI can unlock talent in unexpected places. At Payfit, Salhi said, some employees "we hadn't necessarily identified as technology leaders" were already building sophisticated tools for their own teams. Some of them disagreed with her about where to start. She let them try their approach, and "what they produced was far more impressive than what I had originally imagined." Raffin has seen something similar at CBRE, where many of the strongest adopters know their market deeply but aren't especially technical. "And it isn't necessarily younger employees who are leading the way," he said. Some experienced colleagues now act as ambassadors in the company's internal AI communities. He also expects access to AI tools to matter more in hiring, as people come to expect them from employers. 5. AI makes people more autonomous, which makes collaboration more important. Serviant described what happens when you start building an agent or a side project: "suddenly it is two or three in the morning." He sees real risks of exhaustion and isolation now that one person can build an entire financial model alone. "Technology should not mean that everyone ends up working alone," he said. At Payfit, Salhi's response has been to build agents as a team, so that "no one is left alone facing the technology." She also urged managers to try the tools themselves to understand what their teams are going through. The effect surprised her: "We have never worked so much together or thought so much together." Serviant founded Cortex House on a similar idea. France's AI ecosystem is still fragmented, he said, and the people shaping it need a place to meet. Companies need the same thing internally. As AI changes how work gets done, the role of the workplace is evolving too: creating opportunities for people to connect, share knowledge and innovate together. What this means for business leaders. By the end of the night, the panel had answered much of Babinet's opening question, and very little of the answer was about choosing better models. The companies seeing results started with a business problem, gave employees room to experiment before standardizing on shared workflows, and found that some of their best AI builders weren't the people they expected. Babinet also reminded the room that the stakes go beyond any single company. He called AI an anthropological shift and argued that its productivity gains should be widely shared.
Payfit evolves beyond payroll with new ai-powered HR software and brand identity. PayFit has launched its first major brand refresh since its 2015 inception, signaling a strategic shift from a pure software provider to an AI-augmented managed service. For fintech professionals, this move highlights the growing convergence of automated payroll processing and human expertise, aimed at reducing administrative friction for over 22,000 European businesses. What was announced. The rebranding marks PayFit's transition into a comprehensive payroll and HR service provider. Central to this evolution is the integration of PayFit AI, a toolset designed to automate routine administrative tasks. The AI functionality is capable of flagging data inconsistencies, automating payroll inputs, generating people-focused insights, and providing direct answers to common employee queries regarding their pay or contracts. This digital layer is supported by a team of 200 payroll specialists who intervene when human judgment or complex problem-solving is required. The visual identity itself has been overhauled to reflect a more human and approachable aesthetic. The new system utilizes a modern, understated logo and a color palette where black and white serve as the functional base for the product interface, while pink, blue, and yellow are used in marketing to inject personality. The refresh also introduces new typography and an editorial style of photography that focuses on real teams in actual workplace environments. This rollout is currently being implemented progressively across PayFit's primary markets in the UK, France, and Spain, covering the platform, website, and social media channels. The company currently serves a diverse client base ranging from small startups to organizations with several hundred employees. "Brands need to move with the businesses behind them. Payfit has changed a great deal: our product has grown and so has the role we play for our customers. The new identity brings that change to life and reflects how we want to work with businesses every day: making payroll and HR simpler, building confidence and giving people more control," The companies involved. PayFit was established in 2015 with the goal of simplifying payroll for small and medium-sized enterprises (SMEs). Over the last decade, the company has expanded its footprint across Europe, establishing a significant presence in France, Spain, and the United Kingdom. It has grown to support more than 22,000 businesses, positioning itself as a key player in the European HR-tech and payroll software market. The company's model has historically focused on digitizing the often-cumbersome processes associated with tax compliance, employee benefits, and monthly pay cycles. By automating these workflows, PayFit has sought to reduce the manual errors typically associated with legacy payroll systems. In the competitive landscape of European fintech, PayFit competes with both traditional payroll bureaus and newer, cloud-native HR platforms. Its recent shift toward a managed service model indicates a move to capture more of the value chain by offering not just the software, but the compliance expertise and support traditionally provided by external accountants or dedicated in-house HR departments. This hybrid approach aims to provide the scalability of software with the reliability of professional services. What FF News has reported before. FF News has closely followed PayFit's technical and strategic evolution throughout 2026. In July, we reported on the company's significant pivot in PayFit Shifts to Managed Service Model with AI-Augmented Payroll and HMRC Compliance Guarantee. This move was a precursor to the current rebranding, establishing the managed service framework that combines AI tools with human oversight to ensure regulatory compliance. Earlier in the year, FF News covered the initial rollout of the company's automation capabilities in PayFit Launches First Personalised AI Agent to Answer Workers' Queries on Their Contract, Pay and Leave. That report detailed how the AI agent was designed to handle the high volume of routine worker inquiries that often bog down HR departments. These previous milestones demonstrate a consistent trajectory toward the AI-plus-human identity unveiled in this latest brand refresh. What this means. This rebranding suggests that the SaaS-only era of payroll is facing a reality check. While automation is essential for scale, the complexities of local labor laws and tax compliance still require a human safety net. By formalizing the role of its 200 specialists alongside its AI, PayFit is acknowledging that pure software often leaves SMEs feeling isolated when complex issues arise. This move puts pressure on traditional payroll bureaus that lack modern digital interfaces, as well as pure-play software competitors that do not offer managed support. The industry is moving toward a human-in-the-loop model where AI handles the volume and humans handle the exceptions. Featured speakers. Key data points. | Feature | Detail | Source | | Founded | 2015 | [Editorial] | | Customer Base | 22,000 businesses | [Editorial] | | Payroll Volume | €12.5 billion | [Editorial] | | Specialist Support | 200 payroll specialists | [Editorial] | | Annual Payslips | 2 million+ | [Editorial] |
As healthcare pressures rise, PayFit and Kota bring private medical cover directly into payroll for UK SMEs. Payroll provider PayFit has launched a new integration with Irish-founded benefits platform Kota that will allow UK SMEs to offer private healthcare directly through payroll - responding to what both companies say is a major shift in how workers access medical support. The move comes as private medical insurance (PMI) usage reaches a three-decade high. A record 4.7 million people in the UK are now covered through employer-sponsored schemes, reflecting growing pressure on the NHS and rising expectations for workplace wellbeing. Recent research cited by PayFit indicates that one in three working-age adults now describes private health insurance as "essential." A first for payroll platforms. The partnership makes PayFit the first dedicated payroll platform in the UK to embed private healthcare as a native feature. Through the integration, employers can enrol staff in health schemes from providers including Bupa and Vitality, manage deductions, automate tax reconciliation, and ensure compliance - all from within their existing payroll environment. For SMEs, which make up 99.9% of UK businesses, the ability to manage health benefits without additional systems or intermediaries could prove significant. According to PayFit, HR teams in small and mid-sized firms spend up to 57% of their time on administrative tasks, making benefits management an area many companies avoid due to complexity and cost. Firmin Zocchetto, Co-founder and CEO of PayFit, said the economic backdrop is accelerating change. "SMEs are stepping up to support employees across their physical, mental and financial wellbeing. With HR teams already stretched, embedding healthcare into payroll removes pain points and gives employers back time to support their people instead of drowning in paperwork." More from news. SMEs seek "big-company" Benefits. For Kota, which is regulated by the Central Bank of Ireland and provides benefits infrastructure for employers such as Remote, Tines and Carwow, the collaboration aims to close the gap between what small companies want to provide and what they can realistically manage. Luke Mackey, Co-founder and CEO of Kota, said complexity has been a longstanding barrier. "Every business wants to take care of their people, but offering meaningful health benefits has often been too complex or costly. Together with PayFit, we're giving small businesses the tools to offer big-company care, seamlessly embedded where they already work." The integration combines PayFit's payroll engine with Kota's benefits administration platform, allowing SMEs to offer healthcare in just a few clicks. It also removes the need for brokers, manual paperwork, or separate systems traditionally associated with private medical benefits. Wellbeing as A workforce strategy. Demand for employer-supported healthcare comes amid rising costs linked to sickness and lost productivity - estimated at £85 billion annually. Employees also report increasing financial and mental-health strain, contributing to absenteeism and staff turnover across major industries. As a result, workplace benefits have become an area of competitive differentiation, particularly for SMEs looking to attract or retain talent without large salary inflation. PayFit, which achieved unicorn status in 2022, supports more than 20,000 SMEs in the UK and Europe. Kota, founded in 2023, has raised more than €20 million from investors including EQT Ventures, Frontline Ventures and Eurazeo. A signal of convergence in HR tech. The launch underscores a broader trend in HR tech: the merging of payroll, benefits, and wellbeing tools into single platforms, reducing fragmentation for both employers and employees. As adoption of PMI accelerates, PayFit and Kota position their collaboration as a way to lower the threshold for entry, particularly in a market where SMEs often struggle to match the benefit packages of larger employers. Whether this marks a new standard for payroll providers remains to be seen, but the companies argue that the shift towards integrated wellbeing offerings is already underway and increasingly unavoidable for businesses navigating a tightening labour market and a strained public healthcare system.
Caroline Leroy has been appointed Chief People Officer, bringing with her extensive experience in HR and CPO roles within financial services, retail technology, and healthcare, including roles at Mastercard and PayFit.
March 2022: BambooHR collaborated with Pento and PayFit, which offer payroll software solutions, to integrate them into its marketplace platform.
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Industries
Company Size
501-1,000
Company Stage
Series E
Total Funding
$476.9M
Headquarters
Paris, France
Founded
2015
Find jobs on Simplify and start your career today
We update PayFit's jobs every few hours, so check again soon!Browse all jobs