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
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
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.
Profile
FastPay LinkedIn Company Profile
Social Media
FastPay Company Twitter Account
Company News
FastPay News
Facebook
FastPay on Facebook
YouTube
FastPay on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jed Simon
  Jed Simon LinkedIn Profile  Jed Simon Twitter Account  Jed Simon News  Jed Simon on Facebook
Chief Operating Officer
Secil Baysal
  Secil Baysal LinkedIn Profile  Secil Baysal Twitter Account  Secil Baysal News  Secil Baysal on Facebook
Executive Vice President
Aaron Weinstein
  Aaron Weinstein LinkedIn Profile  Aaron Weinstein Twitter Account  Aaron Weinstein News  Aaron Weinstein on Facebook
VP - Bus. Development
Maytal Shainberg
  Maytal Shainberg LinkedIn Profile  Maytal Shainberg Twitter Account  Maytal Shainberg News  Maytal Shainberg on Facebook
VP - Engineering
Mark Baran
  Mark Baran LinkedIn Profile  Mark Baran Twitter Account  Mark Baran News  Mark Baran on Facebook
VP - General Counsel
Harold Lee
  Harold Lee LinkedIn Profile  Harold Lee Twitter Account  Harold Lee News  Harold Lee on Facebook
VP - Human Resources
Michelle Winkley
  Michelle Winkley LinkedIn Profile  Michelle Winkley Twitter Account  Michelle Winkley News  Michelle Winkley on Facebook
VP - Operations
Michael Cheung
  Michael Cheung LinkedIn Profile  Michael Cheung Twitter Account  Michael Cheung News  Michael Cheung on Facebook
VP - Product Management
Frank Han
  Frank Han LinkedIn Profile  Frank Han Twitter Account  Frank Han News  Frank Han on Facebook
VP - Sales
David Frogel
  David Frogel LinkedIn Profile  David Frogel Twitter Account  David Frogel News  David Frogel on Facebook


 

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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