Deel vs PayFit
Deel
Companies with international teams, from startups to enterprise
2019; headquarters not published
PayFit
Small businesses (up to 25 employees) and medium businesses (25 to 300+ employees)
2015; Paris, France
Deel and PayFit both run payroll, for different kinds of company.
Deel is a global payroll and HR platform with employer of record, contractor management and payroll in 150+ countries for companies with international teams; PayFit is payroll and HR software for small and medium businesses in France, Spain and the UK.
Deel vs PayFit: side by side
“Not published” means the vendor does not state it.
| Deel | PayFit | |
|---|---|---|
| What it does | Global payroll and HR platform: employer of record, contractor management, payroll, HR, visas and equipment | Payroll and HR software with optional expert-run payroll: payroll, leave and absence, HR records, expenses and an AI assistant |
| Best for | Companies with international teams, from startups to enterprise | Small businesses (up to 25 employees) and medium businesses (25 to 300+ employees) |
| Founded and HQ | 2019; headquarters not published | 2015; Paris, France |
| Ownership and funding | Raised US$650m; individual investors include Tobias Lütke (Shopify), Dara Khosrowshahi (Uber) and Emilie Choi (Coinbase) | Backed by General Atlantic, Eurazeo, Bpifrance and Accel; profitable in 2026 |
| Customers or users | 40,000+ customers in 150+ countries, including Shopify, Nike and Klarna; US$20bn+ of payroll processed | 22,000+ businesses; 250,000+ employees paid each month |
| Pricing | Contractors US$49 a month (US$325 as Contractor of Record); employer of record US$599 per employee a month; US PEO US$125 | Monthly subscription per employee; rate not published |
| Deployment and markets | 150+ countries; 150+ payment currencies including crypto; in-house payroll engines and owned entities | France (since 2016), Spain and the UK (since 2018) |
Main differences
Deel works in 150+ countries; PayFit runs payroll in France, Spain and the UK.
Deel offers employer of record, contractor management, a US PEO, visas and equipment; PayFit covers payroll, leave and absence, HR records and expenses, with optional expert-run payroll.
Deel publishes its prices, from US$49 a month per contractor to US$599 per employee a month for employer of record; PayFit charges a monthly subscription per employee and does not publish the rate.
Deel has 40,000+ customers; PayFit has 22,000+ businesses and pays 250,000+ employees a month.
Which to choose
Choose Deel if
- You hire people or contractors across many countries, including through an employer of record
Choose PayFit if
- You are a small or medium business paying staff in France, Spain or the UK and want payroll experts on hand
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Common questions
What is the difference between Deel and PayFit?+
Deel is a global payroll and HR platform covering employer of record, contractor management, payroll, HR, visas and equipment. PayFit is payroll and HR software for small and medium businesses, with optional expert-run payroll, leave and absence, HR records and expenses.
How much do Deel and PayFit cost?+
Deel charges US$49 a month per contractor, US$599 per employee a month for employer of record and US$125 for its US PEO. PayFit charges a monthly subscription per employee and does not publish the rate.
Which countries do Deel and PayFit cover?+
Deel works in more than 150 countries. PayFit runs payroll in France, where it started in 2016, and in Spain and the UK, where it launched in 2018.
Part of Accountio’s accounting technology coverage.
