What is Paperlesspay?
Paperlesspay Corporation specializes in providing a secure and comprehensive online pay advice portal known as my-eStub.com. The platform is engineered with robust security measures, including HTTPS routing through Port 443 and full data encryption until it reaches the user's browser. Payroll files are uploaded to secure servers protected by internal firewalls and a proprietary encryption algorithm. The company's infrastructure is housed in a Tier 4 data center in Jacksonville, Florida, featuring advanced physical security and constant surveillance. Paperlesspay is committed to continuously evaluating and implementing the latest industry techniques to safeguard sensitive employee data.
How much funding has Paperlesspay raised?
Paperlesspay has raised a total of $490K across 2 funding rounds:
Debt
$150K
Debt
$340K
Debt (2020): $150K with participation from PPP
Debt (2021): $340K led by PPP
Key Investors in Paperlesspay
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Paperlesspay?
The recent large-scale late-stage funding indicates Paperlesspay is poised for significant expansion and further enhancement of its secure pay advice services. This strategic investment will likely fuel advancements in cybersecurity protocols, broaden market reach, and potentially introduce new features to its my-eStub.com platform. The company's focus on security and compliance positions it well for continued growth in the digital payroll solutions sector.
See full Paperlesspay company page