FastPay Receives $25,000,000 New Financing

  • Feed Type
  • Date
    6/26/2012
  • Company Name
    FastPay
  • Mailing Address
    9300 Wilshire Beverly Hills, CA 90212
  • Company Description
    FastPay is a tech-enabled finance platform servicing the digital ecosystem. Formed by seasoned marketing, media and finance executives, FastPay tailors innovative funding solutions designed to meet your specific needs. FastPay is a no-nonsense approach to helping young, dynamic, and rapidly growing digital media companies quickly and easily obtain the capital they need to grow.
  • Website
    http://www.gofastpay.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This funding will be used to expand FastPay’s sales and marketing initiatives while providing its clients with greater access to growth capital.
  • M&A Terms
  • Venture Investor
    Wells Fargo & Co.
  • Venture Investor
    SF Capital Group