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Investment in Payfit, France's 23rd unicorn, via the fund General Atlantic

Published on
7/1/2022
Amended on
25/3/2024
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Payfit, publisher of payroll software for VSEs and SMEs, is planning a service for annual appraisals. With 700 employees, it supplies 6,000 companies in Europe. After 70% growth in 2021, the objective is 80% growth in 2022, with 400 recruitments planned. Success continues unabated.
By
Claire Peyssard-Moses
Claire Peyssard-Moses
This article has been automatically translated. Please excuse any inaccuracies or translation errors.

Payfit is a publisher of payroll software and HR solutions for the VSE and SME market. In particular, it offers modules for taking vacations, integrating new employees, expense reports, organizing meetings and monitoring working hours. The company will shortly be launching a service for annual appraisal interviews.

With 700 employees, the company equips more than 6,000 companies(i.e. over 150,000 employees) in four European countries: France, Germany, the UK and Spain.

After recording sales growth of 70% in 2021 , the company is targeting 80% growth in 2022. To achieve this ambitious goal, the company intends to recruit 400 additional employees.

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