Tech Company M&A Transactions
FastPay Acquisition
FastPay, based in Beverly Hills, was bought by AvidXchange. Financial terms were not announced.
Transaction Overview
Company Name
Acquired By
Announced On
7/12/2021
Transaction Type
M&A
Amount
Unknown
M&A Terms
Financial terms were not disclosed.
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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Where The Data Comes From
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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