Tom Bachar, Founder and CEO of Pei
Tom Bachar is the CEO and CoFounder of Pei, an app for automatic retailer cashback, in bitcoin or cash, on existing credit and debit cards. Originally from Los Angeles, Tom moved his startup to Austin to participate in the Sputnik ATX accelerator during the January 2018 batch. Tom met his co-founder, Michael Jannain, in college while the two studied Finance and Computer Science and worked together to trade derivatives based on data set strategies. This passion ultimately led them to explore solutions for making finance work for people in convenient ways. Prior to Pei, Tom led Financial DevOps at Hewlett-Packard Enterprise and was pivotal in merging the Global Delivery Department with Computer Science Company into what is now DXC, a Fortune 500 enterprise IT company. Six months since moving their startup to Austin, Pei has the largest merchant support for cashback rewards and the team has been growing exponentially with expertise from Anaconda, Uber, and JP Morgan. Having currently raised their Seed round, Pei has dis-intermediated the card rewards market and is on track to innovate an archaic industry.
Tom will speak about why he moved his startup to Austin, Texas from Los Angeles.