Cashless ESPP
Equity compensation / ESPP platform
A funding and administration product that lets employees participate fully in their employer's employee stock purchase plan without after-tax payroll deductions; shares are purchased on the employee's behalf and the advance is settled from the purchased stock.
- No after-tax payroll deduction required to participate
- Reported reduction in stock-based compensation expense of up to 85% without cutting grants
- Lower share dilution and improved earnings per share
- Available to employees across 109 countries
- Pre-built integrations with 80+ equity administrators, 9 HRIS platforms, and 35+ payroll systems
Built for
Large NYSE- and NASDAQ-listed public companies running employee stock purchase plans, and their employees; named customers include PayPal, Block, eBay, Dolby, Peloton, and Royal Caribbean