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FastPay

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Invoice financing platform streamlining media payment solutions for agencies.

Overview

FastPay operates in the fintech sector, focusing on invoice financing specifically for the media industry. The company offers various products, including FastPay, FastPay Political+, and FastPay Network, which provide automated payment solutions for media agencies and suppliers. FastPay allows businesses to borrow against outstanding invoices, thereby improving cash flow and providing immediate liquidity to address the time lag between billing and payment receipt. The company's services are aimed at media agencies and finance professionals, assisting in the management of accounts receivable. Additionally, FastPay has established partnerships with Prodege and AvidXchange, which contribute to its service offerings in the media payment solutions space.

Key facts

Founded
2009

Business model

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About FastPay

What does FastPay do?

FastPay operates in the fintech sector, focusing on invoice financing specifically for the media industry.

Where is FastPay headquartered?

FastPay is headquartered in Beverly Hills, United States.

When was FastPay founded?

FastPay was founded in 2009.

Which sector is FastPay in?

FastPay operates in Digital Lending, part of Financial Technology.

Who are FastPay's competitors?

Companies similar to FastPay include Moneytech, AREX, and Factorin.