FastPay Receives New Funding

  • Feed Type
  • Date
    9/15/2016
  • Company Name
    FastPay
  • Mailing Address
    8201 Beverly Boulevard Beverly Hills, CA 90048 USA
  • Company Description
    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. Since 2010, FastPay has delivered over $100 million to businesses across the digital ecosystem.
  • Website
    http://www.gofastpay.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This investment will enable FastPay to grow the flexible lending and financial solutions it delivers globally.
  • M&A Terms
  • Venture Investor
    Citi Ventures
  • Venture Investor
    Undisclosed