|Description||Digital Media Finance|
|Venture Round, 6/12 |
|Venture Round, 2/13 ||$10M|
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!