Tech Company Financing Transactions
FastPay Funding Round
FastPay, operating out of Beverly Hills, scored $25 million from SF Capital Group and Wells Fargo & Co..
Transaction Overview
Company Name
Announced On
6/26/2012
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This funding will be used to expand FastPay's sales and marketing initiatives while providing its clients with greater access to growth capital.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jed Simon
Chief Operating Officer
Secil Baysal
Executive Vice President
Aaron Weinstein
VP - Bus. Development
Maytal Shainberg
VP - Engineering
Mark Baran
VP - General Counsel
Harold Lee
VP - Human Resources
Michelle Winkley
VP - Operations
Michael Cheung
VP - Product Management
Frank Han
VP - Sales
David Frogel
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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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