FastPay

lendingsme financing

FOUNDING YEAR: 2009
LOCATION: United States
Last Update: 01/05/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

About

FastPay is a finance platform providing specialized lines of credit to digital businesses. By combining proprietary technology with industry experience, FastPay can quickly assess the creditworthiness of a digital business and provide loans ranging from $100k to several million in under 48 hours to help their customers effectively manage their cash flow.

Focus

PRODUCTS & SERVICES

Loan platform for digital media. Credit to Digital Media Companies

REVENUE MODEL

The company doesen't disclose its revenue model.

MAIN CLIENTS

Advertising

Publishers and Media companies

EXISTING PARTNERSHIPS

Mediaocean - To create a seamless

efficient invoicing and payments experience for both buyers and sellers

COMMENT

FastPay has developed credit technology focused on the advertising and media sectors.

Traction

VALUATION / MARKET CAP:

$100 M in 2015

People

FOUNDERS

Jed Simon

BOARD MEMBERS AND ADVISORS

Victor Coleman

Jonathan Glaser

Neil Wolfson

Patricia Kemp

Jason Kaplan

Jed Simon

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Grant Gittlin

Jed Simon

Jonatha Glaser

Oak HC/FT

Momentum

FUNDED

YES

TOTAL FUNDING

$16.5 M

DATE OF LAST FUNDING

Sep 2016

SEED & PRIOR FUNDING

$1.5 M

SEED CLOSED ON

Sep 2009

FUNDING SERIES

OTHERS  · $15 M · Sep 2016

DEBT FUNDING

$52.5 M

LISTED

NO

BASICS

FOUNDING YEAR:

2009

LOCATION:

United States

Views:

120 VISITORS | 212 VIEWS
LATEST FUNDING ROUND

$16.5 M

TOTAL EMPLOYEES
51-200

About

FastPay is a finance platform providing specialized lines of credit to digital businesses. By combining proprietary technology with industry experience, FastPay can quickly assess the creditworthiness of a digital business and provide loans ranging from $100k to several million in under 48 hours to help their customers effectively manage their cash flow.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

Join the exclusive global FinTech community

Be a part of the global FinTech community on Slack