Tech Company Financing Transactions
FastPay Funding Round
FastPay, operating out of Beverly Hills, secured $10 million from Wells Fargo & Co..
Transaction Overview
Company Name
Announced On
2/20/2013
Transaction Type
Debt
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the financing for developing new products and business initiatives.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
8201 Beverly Blvd. 600
Beverly Hills, CA 90048
USA
Beverly Hills, CA 90048
USA
Phone
Website
Email Address
Overview
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.
Management Team
Title
Name
Email & Social
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