PayFit raises $289 million

Fintech start-up PayFit just announced a new $289 million Series E round at a $2.1 billion valuation led by General Atlantic. Based in London, the company operates in a handful of European countries and around 150,000 employees are currently getting paid through the platform.

Founded in 2015, PayFit raised $496 million to date and was last valued at $583 million after closing a $108 million Series D round led by Eurazeo and Bpifrance.