OfficeCard: Don't go to work without itâ„¢
The most advanced real time payment gateway
Solid#: Fast Facts Solid# founder Adam Campbell spent years processing millions of payments to thousands of workers through traditional methods. Having witnessed the transformative and motivating power of instant money and faster payments for individuals and businesses he knew there had to be a better solution.
That’s when he began developing Solid# with a vision to extend real-time payments - in a massive way - to millions of workers worldwide.
Key Highlights Solid# uses debit card rails to enable the movement of money in real time
We provide a turnkey solution that enables any employer to motivate and transform their organization using faster disbursement methods for their employees and workers
Our software also tracks, records and can integrate with payroll to ensure appropriate reporting for employers
No monthly card fee, free transfers and built-in budgeting
INDUSTRY
MARKET SIZE:
TARGET CUSTOMER:
Financial Services/ Payments
$2.7 Billion
Auto dealers, direct sales, seasonal sales and construction
The most advanced real time payment gateway
A Problem Every Business Endures Money is essential to every business, but it is never stagnant. It's always moving, flowing through the organization as the lifeblood of its foundation. Unfortunately, there is no true way for a business to move money in real time to their employees and workers.
CURRENT B2E (BUSINESS TO EMPLOYEE/VENDOR/WORKER) METHODS INCLUDE:
Cash
ACH (direct deposit)
Gift cards
None of these methods are modern, motivating, efficient or cost-effective.
The most advanced real time payment gateway
The Most Groundbreaking Solution Solid# solves these problems by enabling any employer to:
Efficiently Simply Effectively
transform their business by moving money to their people in real time through a simple real time payment gateway.
The most advanced real time payment gateway
How It Works
Then OfficeCard enables instant funding by leveraging our own OfficeCard network. Funds are available 24/7 -- including holidays. (We monetize OfficeCard through network interchange from card spend.)
We connect our API's with banking partners that underwrite real-time gross settlements.
At Solid#, it all starts with the Payment Gateway, an advanced payment architecture for real-time settlements and enhanced security. (We monetize Payment Gateway through monthly SaaS and transactions fees.)
All told, Solid# is the ultimate all-new payment platform that delivers real-time B2E disbursements.
The most advanced real time payment gateway
Employer Benefits INSTANT RECOGNITION Nothing builds a culture of caring like getting paid in real time Enhanced motivation through faster disbursements Pay incentives, spiffs and referral bonuses Automate per diems, pay draws & commissions
EXPAND MOTIVATION Motivate Vendors Attract and retain more workers Create sales urgency Performance pay increases earnings
The most advanced real time payment gateway
Employee/Vendor Benefits Real-time Cash
• Instant funding, Live access • Easier to make ends meet with instant cash flow
Send and Receive • Peer-to-Peer payments
Create 5 Sub-cards • (Virtual cards too) • A smarter way to budget
Email or text payments • Live notifications for every transaction
Connect Your Bank
• Transfer Funds, Set-up Direct Deposit
The most advanced real time payment gateway
Traction & Accomplishments
We implemented and concluded a successful beta, as well as LIVE cards, with 84 customers involved. This beta proved that our addressable market is not only interested but wants and will hugely benefit from Solid#. We officially launched Solid# in August 2019.
The most advanced real time payment gateway
Meet The Team
Adam Campbell Founder and CEO
● Several successful exits ● Numerous thriving business ventures
Michael Clark
Co-Founder and COO ● Worked with HQY for 12 years ● Seasoned operator focused on scaling growth
The most advanced real time payment gateway
Market Opportunity Based on our target markets (auto dealers, direct sales, seasonal sales and construction), our total addressable market is conservatively estimated to be $2.7 billion.
Several solutions are being developed around the gig economy as bolt-on solutions to payroll.
The most advanced real time payment gateway
Business Model & Revenue Streams We are in the early stages of revenue and anticipate the following revenue streams:
Solid# Micro
Solid# Basic
$0.00/mo;
$49.95/mo;
$1/transaction
$.30/transaction
Solid# Pro
Solid# Enterprise
$149/mo;
$299/mo;
$.25/transaction
$.20/transaction
OfficeCard
OfficeCard
Interchange revenue
Misc. card fees
The most advanced real time payment gateway
Investment Opportunity For this round, Solid# is seeking a total raise of $500,000 in equity with $70,000 already collected and $150,000 currently being considered by independent investors. The funds will allow us to mobilize sales, ramp up additional product development and achieve $1 million in ARR. OUR ANTICIPATED USE OF FUNDS INCLUDES:
60%
40%
sales and marketing
development and operational hires
PREVIOUS FUNDS To date, Solid# has secured $210,000 in funds.
The most advanced real time payment gateway
Why Invest? We are proud to have developed an incredible payment network designed around real-time B2E (business to employee/vendor/worker) disbursements. We are excited to extend realtime payments to millions of workers worldwide. And we cannot wait for employers and employees alike to enjoy the many benefits that Solid# provides.
But we need your help to make it happen.
For more information on this investment opportunity, please contact:
Michael Clark | mclark@solidnumber.com 801-318-0991 | mclark@solidnumber.com