PayFit raises $79 million for its payroll service – TechCrunch
Summary
PayFit makes use of a software-as-a-service method in order that small corporations can simply handle payroll and HR data from an internet browser. After you enter details about your workers, PayFit routinely generates pay slips each month. If someone is getting a increase, you’ll be able to hook up with your PayFit account and modify an quantity for all pay slips going ahead. With a view to approve expense stories and trip days, it’s also possible to construct an organizational chart in PayFit and resolve who’s managing who. Whereas it’s straightforward to construct an HR big within the U.S., it’s a bit extra difficult in Europe as labor legal guidelines range a lot from one nation to a different.
Funding
Amount
$79.0M
Total raised
Date
June 17, 2019
Announcement date
Investors
Techcrunch, Bpifrance
Lead investors
Company
https://payfit.com/
Funded company
Classifications
industries
No industries detected
applications
Accounting and Taxes
AskAI Classifications
Labels
Payroll Software
HR Software
SaaS
Linked Companies
PayFit
$50M to $100M