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General Information

Websitegofastpay.com
Twitter@gofastpay
CategoryOther
Emailcontact@gofastpay...
Employees5
Founded2009
DescriptionDigital Media Finance

Offices

Headquarters
9300 Wilshire Blvd.
Suite 550
Beverly Hills, CA, 90212
USA

People

Chief Revenue Officer

Funding

TOTAL $35M
FUNDING TOTAL $35M
Venture Round, 6/12
SF Capital
$25M
Venture Round, 2/13
$10M

Tags

FastPay

FastPay helps digital publishers, ad-tech businesses and creative developers manage payment cycles and boost revenues.

FastPay is the next generation commercial finance company offering streamlined working capital solutions to growing digital media businesses.

We can advance 70% to 80% of verified invoices within 24 hours of receiving a request on approved lines. Our typical customer has a revolving credit facility between $100k and $3mm and most importantly, our pricing is designed to be extremely simple and 100% transparent – we’re not a bank so we do not charge any of the typical fees and unlike venture debt, there are no warrants or loss of control.

We’ve been featured in Inc., Mashable, The Wall Street Journal’s Venture Wire and the LA Business Journal - with more to come in 2012!

Recent Milestones

  • Check
    FastPay — FastPay Has Provided Digital Media Companies With $100M In Credit (2/21/13)
    Posted 2/21/13 at 8:06pm via techcrunch.com
  • Dollar
    FastPay received $10M in Venture Round funding. (2/20/13)
    Posted 2/20/13 at 8:40pm via pandodaily.com
  • Dollar
    FastPay received $25M in Venture Round funding. (6/25/12)
    Posted 6/25/12 at 6:07pm via techcrunch.com
  • Check
    FastPay added Mike McGlade as Chief Revenue Officer. (3/1/12)
    Posted 3/9/12 at 5:28pm

Videos

Screenshots

FastPay screenshot
Above: FastPay Screenshot -- #1
Uploaded: 1/4/13

Sources

  1. FastPay Raises $25M To Tackle Digital Media Cash Flow (techcrunch.com) [edit]
  2. FastPay raises another $10M, crosses $100M in digital receivable lending (pandodaily.com) [edit]
  3. FastPay Has Provided Digital Media Companies With $100M In Credit (techcrunch.com) [edit]
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Last Edited 2/21/13

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