PayMachine

ABOUT US

PayMachine, founded by Chris Sahliyeh and Oliver Gale of BaseTwo Ventures, is a payroll and factoring micropayment platform solving today's
payment challenges by delivering low cost payroll, lending and micropayment solutions.

Through the use of blockchain technology, PayMachine is able to verify work completion with minimal risk and deliver payments
in real time,creating significant efficiencies and savings.

PayMachine is focused on construction, shipping and logistics, social media marketing, and oil and gas industries with a growing client base in the aforementioned verticals, including a $200+ million USD construction project in Dallas, Texas.

THE PROBLEMS

About 70% of the US population lives paycheck to paycheck.
48% of the US population struggles to cover basic living expenses.
65% of the US population does not have enough savings to cover an unexpected $400 expense.
There are over $32 billion in annual overdraft fees in the US.
Employees spend an average of 45 minutes each day dealing with personal finances.
Financial stress amongst employees cost employers nearly $300 billion annually.
Payday loan fees exceed $7.4 billion annually.

OUR SOLUTIONS

Verify and authenticate delivery of product or completion of work real time.
Record all data on a decentralized, immutable ledger.
Same day pay options for your employees and contractors.
Creative alternatives to accounts payable factoring and financing.

HOW IT WORKS

OUR PARTNERS

Founded in 2012, Serious Payroll, is an innovative payroll and agency payment services company with unique payroll tax solutions. They have teamed up with PayMachine to implement same day pay solutions and blockchain technology. PayMachine will also utilize SeriousPayroll payroll tax solutions.

As a founding partner in PayMachine, BaseTwo provides critical experience and guidance in the technical and financial areas of the business. As a leader in the blockchain and digital asset space, BaseTwo has invested in, advised, and incubated several successful projects.

CrowdMachine has teamed up to build out PayMachine's initial product and application. CrowdMachine is an advanced application development that requires limited coding. Their protocol is enabling the world to efficiently create decentralized applications and smart contracts.

OUR CLIENTS

"Anybody paying attention knows that blockchain will be the future of payroll. What the group at PayMachine is creating, truly is revolutionary. With Chris Sahliyeh as CEO, I know first hand this company will become the world leader in blockchain payroll solutions." -Carl Dorvil CEO

New PayMachine client, Southland Holdings, is a multifaceted heavy civil construction firm active throughout 42 U.S. states and 2 Canadian Provinces. With more than 85 years in the industry they have successfully executed more than $9 billion dollars of work and have grown to more than 2,000 dedicated full-time employees.

"We are very excited to include such an innovative technology to our set of solutions. Clearly, PayMachine solves a real pain point throughout the oil and gas supply chain, but in addition, they create a serious edge for our clients which are looking for new ways to attract labor in an extremely competitive market" -Jonny King CEO

Payroll Express is a Santa Clara, CA based Managed Service Provider (MSP) that provides a wide array of back office and managed services. The company recorded sales of $21M in 2017 and is projected to exceed $40M in 2018. They have committed to implement PayMachine solutions for all clients and throughout their operations.

"PayMachine gives us the edge we need to be the number one influencer marketplace in the world. We are excited to work with PayMachine to give our influencers the opportunity to get paid the moment they publish branded content, instead of making them wait 30 days." -Alex Negrete Co-Founder

FOUNDERS

Chris Sahliyeh

CEO & Co-Founder

Chris is a Finance and Economics major from SMU. After 3 years specializing in institutional and ultra high net worth accounts at Morgan Stanley he started a VC fund in 2014. The fund invested in various markets (including finance, fin-tech, oil and gas). They created the Boone Pickens Energy ETF (traded under NYSE symbol BOON) and a PEO company which they took public in 2017.

Oliver Gale

Co-Founder

Finance, Accounting and honors graduate from the University of Bristol, Oliver is an experienced cryptocurrency investor and a global advocate on digital assets, distributed ledger technology, financial inclusion and emerging payment systems. He co-founded Bitt in 2013 (a Barbados based fin-tech company and 1st Caribbean bitcoin exchange). Launching the Caribbean’s 1st blockchain mobile wallet and ATM in 2014, and in 2016 becoming the 1st company ever to issue digital dollars backed by fiat currency onto a blockchain with central bank approval. With a large investment and strategic partnership secured with Overstock.com, Bitt continues to expand its global footprint with partnerships with central banks and financial institutions globally. In 2013, Oliver co-founded CaribHash (the 1st Caribbean cryptocurrency mining operation) along with the Caribbean’s 1st digital asset management company (Cryptocurrency Capital Market) in the same year.