PayFit raises €254 million in new capital, now valued at €1.82 billion

Parisian SME-focused payroll and HR management solution PayFit has raised €254 million in a Series E funding round and is now a card-carrying member of the unicorn club at a valuation of €1.82 billion. The new funds are expected to drive PayFit’s ongoing recruitment efforts, keep the product development fires hot, and garner new clients. Since 2016, the startup has raised approximately €433 million over six rounds.