A Matthews, North Carolina-based company wants to raise $1 million, according to a Form D filed with the Securities and Exchange Commission on Friday.

RediPay Benefits has raised $50,000 of its goal of $1 million, according to the filing.

The corporation, which was founded in 2015, sets up pay systems for various sectors within the health care market. For instance, RediPay sets up such systems for both employee pay and patient payments.

Presently, the Matthews-based company has 18 projects underway, according to its website.

RediPay plans to raise the $1 million in no more than a year, according to the Form D.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but must file what’s known as a Form D electronically with the SEC after they first sell their securities.

The filing can be found here.