Ghislain de Fontenay is a co-founder of Payfit. He started building with Firmin Zocchetto well before the company existed. As classmates at a high school in Laval, a small town in north-west France, the two made a social network for learning languages.
Payfit was incorporated in Paris on 14 September 2015. Florian Fournier joined them as the third co-founder. The company sells payroll and HR software to French small and mid-sized businesses.
Early backing came fast. In 2016 Payfit raised a €500,000 seed round from Kima Ventures, TheFamily and Thibaud Elziere, then €5 million from Otium Venture and Xavier Niel. Accel led a €14 million round in 2017.
In January 2022 Payfit raised €254 million at a valuation of €1.82 billion, which made it a unicorn. By 2026 it served about 22,000 clients.