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, CA, US
Websitegofastpay.com
Employee Ratings4.4
Overall CultureB

Latest Updates

Employees (est.) (Jun 2021)90(+2%)
Job Openings2
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 and London
West Hollywood, CA, US (HQ)
8201 Beverly Blvd #600
Framingham, MA, US
200 Crossing Blvd #310
London, GB
11 Pilgrim St
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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

7 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

86/100

SecurityScorecard logo

FastPay Online and Social Media Presence

Embed Graph

FastPay Company Culture

  • Overall Culture

    B

    81/100

  • CEO Rating

    B

    77/100

  • Compensation

    B

    81/100

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FastPay News and Updates

MediaForce Announces Partnership with Leading Accounts Payable Software Provider FastPay

PALM BEACH GARDENS, Fla., April 7, 2021 /PRNewswire/ -- A new year means new budgets, new goals, and new projects! Unfortunately, a new year doesn't get rid of last year's headaches. Agencies nationwide continue to realign their workflows and priorities for remote work while juggling...

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

MPF 2021: Return to Growth – Why Financial Automation is Critical For Every Agency’s Growth Plan

  In this fireside chat, FastPay sat down with Kevin Sweeney, CFO of Allen & Gerritsen to discuss the top financial concerns of agencies as they continue the path towards growth. FastPay shares newly released proprietary data on the state of financial health of agencies and dives into several to…

Are You Getting Everything from Your AP Department?

  69% of accounts payable professionals are looking for “smarter” systems that drive more efficiencies, with COVID-19 hammering home the issues that AP departments were formerly able to sweep under the rug. [1] There are a lot of expectations from the accounts payable department. They handle the out…

5 Mistakes Companies Make When Bringing Their Media Buying In-House

As more companies are bringing their media buying in-house in an attempt to regain control over their budgets and operations, there are a lot of considerations to be had. It’s a process that takes time and dedication, and too often companies move too quickly and make unnecessary mistakes.   As more …

7 Questions to Ask Your Political Payments Provider

  1. Are they fully dedicated to political media agencies? Only FastPay has more than 10 years experience processing political media with an entire support and operations team dedicated to ensuring every payment is processed correctly. We understand the urgency and complexities of political workflow…

10 Reasons Agencies Switch to FastPay

FastPay offers a Total AP Solution, managing all payment methods and optimizing your payments for the highest revenue share. No Tier Payments System: Your rates do not change based on volume. 28% average lift in payment volume for agencies that have switched to FastPay. FastPay is a media specific s…

FastPay Named Top Performing Accounts Payable Solution

FastPay has been named a Top Performer in the Accounts Payable Software category for the Winter 2021 Customer Success Report published by FeaturedCustomers. FeaturedCustomers is the leading customer success content marketing platform for B2B business software & services helping potential B2B buy…
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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 90 employees.

  • Who are FastPay competitors?

    Competitors of FastPay include Marsh, ATB Financial and Provident Financial.

  • 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 and London.

  • How many offices does FastPay have?

    FastPay has 3 offices.