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FastPay - About the company

FastPay is an acquired company based in Beverly Hills (United States), founded in 2009 by Jed Simon and christine rose. It operates as a Working capital solutions for digital media businesses.. FastPay has raised $15M in funding from Oak HC/FT and Citi Ventures. The company has 432 active competitors, including 128 funded and 38 that have exited. Its top competitors include companies like Ebury, Lendo and CapBay.

Company Details

FastPay provides liquidity and financial workflow solutions to the media industry. It offers a diverse set of products to entertainment industry such as FastPay for sellers (payment advances on receivables from the strongest advertisers, agencies, and ad tech businesses), ClearingHouse and FastPay for buyers (integrates directly with Buyers to offer accelerated payments to their vendor base). As on June, FastPay has originated over $1B in loans to over 30,000+ businesses including publishers, networks, exchanges, DSPs, SSPs, agencies and app developers.
Social
X
Key Metrics
Founded Year
2009
Location
Beverly Hills, United States
Stage
Acquired
Total Funding
$15M in 5 rounds
Investors
Ranked
Employee Count
1,683 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by SLR Business Credit (Aug 16, 2021)

FastPay's acquisition details

FastPay got acquired by SLR Business Credit on Aug 16, 2021.
Click here to take a look at FastPay's acquisition in detail
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FastPay's funding and investors

FastPay has raised a total funding of $15M over 5 rounds. Its first funding round was on Jun 25, 2012. Its latest funding round was a Conventional Debt round on Feb 18, 2022 for $*****. 1 investor participated in its latest round. FastPay has 6 institutional investors.

Here is the list of recent funding rounds of FastPay:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 18, 2022
9948485
Conventional Debt
5674141
3452593
7330130
4530385
Sep 14, 2016
5132360
Series A
9367927
5749066
3971289
7407941
Nov 20, 2014
8966643
Series A
7676588
3692761
5841906
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FastPay's founders and board of directors

Founder? Claim Profile
The founders of FastPay are Jed Simon and christine rose.
Here are the details of FastPay's key team members:

FastPay's employee count trend

FastPay has 1,683 employees as of May 26. Here is FastPay's employee count trend over the years:
Employee count trend for FastPay
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FastPay's Competitors and alternates

Top competitors of FastPay include Ebury, Lendo and CapBay. Here is the list of Top 10 competitors of FastPay, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ebury
Ebury
2009, London (United Kingdom), Acquired
Provider of global payment solutions, currency risk management, and business lending
$374M
80/100
2nd
Logo for Lendo
Lendo
2019, Riyadh (Saudi Arabia), Series B
Online platform for invoice financing
$35.2M
70/100
3rd
Logo for CapBay
CapBay
2016, Petaling Jaya (Malaysia), Series A
Provider of AI-based P2P marketplace for supply chain financing solutions
$27.5M
68/100
4th
Logo for Mynd Fintech
Mynd Fintech
2002, Gurugram (India), Series A
Online marketplace for supply chain financing
$16.3M
65/100
5th
Logo for M1xchange
M1xchange
2017, Gurugram (India), Series A
Operator of a digital marketplace for discounting trade receivable invoices
$10M
64/100
6th
Logo for First Circle
First Circle
2016, Taguig (Philippines), Series B
Online platform for trade financing
$37.1M
63/100
7th
Logo for StrideOne
StrideOne
2021, Gurugram (India), Series B
Provider of tech-led financial services and customised credit solutions for startups and their ecosystem partners
$59M
63/100
8th
Logo for FundPark
FundPark
2016, Kowloon (China), Series A
Online marketplace for trade financing
$71M
60/100
9th
Logo for Twinco Capital
Twinco Capital
2016, Alcobendas (Spain), Series B
Provider of supply chain finance solutions including purchase order funding
$36M
60/100
10th
Logo for Alma
Alma
2018, Neuilly sur seine (France), Series C
Provider of SaaS-based trade financing solutions
$205M
59/100
11th
Logo for FastPay
FastPay
2009, Beverly Hills (United States), Acquired
Working capital solutions for digital media businesses.
$15M
59/100
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FastPay's Investments and acquisitions

FastPay has made 4 investments in companies including Videology and Vinyl. FastPay has also acquired 1 companies including AnchorOps.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Oct 11, 2017
Acquisition
2012
Framingham (United States)
Aug 09, 2017
Investments
2007
Baltimore (United States)
May 31, 2017
Investments
2017
Denver (United States)
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See all investments by FastPay

Reports related to FastPay

Here is the latest report on FastPay's sector:

News related to FastPay

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FAQs about FastPay

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