FastPay

FastPay is a financial technology company that specializes in providing working capital solutions and payment processing services for media and technology companies. Operating primarily in the B2B (business-to-business) market, FastPay serves clients such as media agencies, suppliers, and tech firms. The company offers a platform that links suppliers and agencies to streamline and expedite media payments, thereby reducing Days Sales Outstanding (DSO) and simplifying payment complexities. FastPay's business model revolves around offering proprietary tools and services that enhance revenue share and participation rates for its clients. The company generates revenue through transaction fees and interest on working capital loans. FastPay has been trusted by media businesses and financial institutions since 2009, with a transaction volume of $7 billion. The company operates out of multiple locations, including Los Angeles, New York, and Boston.

Keywords: working capital, media payments, B2B, financial technology, payment processing, media agencies, suppliers, proprietary tools, revenue share, transaction volume.