OverviewSuggest Edit

Founded in 2009, with offices in Los Angeles and New York, FastPay provides liquidity and financial workflow solutions to the booming digital media industry. Through FastPay's proprietary technology platform, they can dynamically assess the creditworthiness of digital businesses and provide loans in real-time. Since inception, FastPay has originated over $350 million in loans across thousands of publishers, networks, exchanges, DSPs, SSPs, agencies and app developers.
TypePrivate
Founded2009
HQWest Hollywood, US
Websitegofastpay.com
Employee Ratings4.3

Latest Updates

Employees (est.) (Oct 2020)89(-1%)
Cybersecurity ratingBMore

Key People/Management at FastPay

Jed Simon

Jed Simon

CEO, Founder
Secil Baysal

Secil Baysal

COO, President
Mark Baran

Mark Baran

CTO
David Frogel

David Frogel

Chief Strategy Officer
Danielle Baldaro

Danielle Baldaro

VP, Portfolio Management
Aaron Weinstein

Aaron Weinstein

EVP
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FastPay Office Locations

FastPay has offices in West Hollywood, Framingham, New York, San Francisco and in 2 other locations
West Hollywood, US (HQ)
8201 Beverly Blvd #600
Framingham, US
200 Crossing Blvd #310
New York, US
154 Grand St
New York, US
30 Irving Pl 10th floor
San Francisco, US
44 Montgomery, 44 Montgomery St, San Francisco
Westborough, US
18 Lyman St #299
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FastPay Financials and Metrics

Summary Metrics

Founding Date

2009

FastPay total Funding

$16.5 m

FastPay latest funding size

$15 m

Time since last funding

6 years ago

FastPay investors

FastPay's latest funding round in November 2014 was reported to be $15 m. In total, FastPay has raised $16.5 m
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FastPay Operating Metrics

Feb, 2016Feb, 2018

Total Loans Lent

$1 b$2 b
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FastPay Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

FastPay Online and Social Media Presence

Embed Graph

FastPay News and Updates

FastPay Announces Alliance with Advantage Software

LOS ANGELES, April 10, 2019 /PRNewswire/ -- FastPay is pleased to announce an alliance with Advantage Software, the leading agency management system provider. Aligning with Advantage allows FastPay customers to optimize their finance department by further enhancing seamless B2B payments...

FastPay acquires media payments company AnchorOps

 FastPay has acquired AnchorOps in a deal that brings together two businesses focused on media financing. FastPay’s model revolves around lending money to digital media companies, helping them deal with cashflow issues as they wait to get paid by advertisers. AnchorOps, meanwhile, has built invoicin…

FastPay Blogs

FastPay Agency Spotlight: LaneTerralever

In FastPay’s fourth Agency Spotlight video, we chat with Dave Foster, COO at LaneTerralever. Dave walks us through the steps that LaneTerralever is taking to ensure business continuity and the changes they’re implementing to come out ahead.   Watch Spotlight 1: Scoppechio here. Watch Spotlight 2: Ze…

FastPay Agency Spotlight: H&L Partners

In this week’s Agency Spotlight video, we talk with Andrew Webre, Director of Accounting at H&L Partners. Rick and Andrew discuss how companies can balance risk management with growth opportunities during turbulent times.   Watch Spotlight 1: Scoppechio here. Watch Spotlight 2: Zehnder Communica…

FastPay Agency Spotlight: Zehnder

In episode 2 of FastPay’s Agency Spotlight series, we chat with Jeremy Hunnewell, CFO and Business Strategist at Zehnder Communications. We discuss the financial impact of COVID-19 and social distancing, and it’s broader effects across the media landscape.   Watch Spotlight 1: Scoppechio here. The p…

FastPay Provides Business Continuity to Media Agencies and Suppliers Working Remotely

FastPay data shows 40% decrease in ad spending, 20% slowdown in payment timing (DSOs), accompanied by 3x increase in FastPay loan requests LOS ANGELES, April 22 2020 —  As the majority of the United States is asked to work remotely and practice social distancing, FastPay’s ePay, Capital, and FastPay…

Fastpay Capital at Montgomery Summit 2020

Secil Baysal, President & COO, FastPay speaks with Jacki Karsh for MontyTV about our finance platform directed at the needs of the media industry at The Montgomery Summit 2020 presented by Macquarie. The post Fastpay Capital at Montgomery Summit 2020 appeared first on FastPay.

60 DSO and Counting: How Suppliers Are Dealing with Extended Payment Terms

In 2017, Digiday released an article claiming that media suppliers were being treated like banks by media agencies. The article went on to say that, “Lately, hard-hit publishers have had enough with agencies extending payment terms even well after they’ve been paid by their clients.” Three years lat…
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FastPay Frequently Asked Questions

  • When was FastPay founded?

    FastPay was founded in 2009.

  • Who are FastPay key executives?

    FastPay's key executives are Jed Simon, Secil Baysal and Mark Baran.

  • How many employees does FastPay have?

    FastPay has 89 employees.

  • Who are FastPay competitors?

    Competitors of FastPay include Provident Financial, Informa and International Personal Finance.

  • Where is FastPay headquarters?

    FastPay headquarters is located at 8201 Beverly Blvd #600, West Hollywood.

  • Where are FastPay offices?

    FastPay has offices in West Hollywood, Framingham, New York, San Francisco and in 2 other locations.

  • How many offices does FastPay have?

    FastPay has 8 offices.