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FastPay raises USD 15 mln in funding

Friday 28 November 2014 09:54 CET | News

FastPay, a provider of liquidity and financial workflow solutions, has raised USD 15 million from Oak HC/FT for technology development and acquisition of new human capital.

Oak HC/FT has recently launched a USD 500 million growth-equity fund, and this is its first FinTech investment.

FastPay provides products and services including invoice finance and workflow solutions that were designed specifically for global media. They enable media entrepreneurs to access capital to scale their businesses. The company works with advertising agencies, DSPs, SSPs, RTB advertising exchanges, web publishers, creative agencies, and app developers among other media businesses.


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Keywords: FastPay, funding, liquidity, financial, workflow, Oak HC/FT, equity, fintech, global media, invoice, finance
Categories: Banking & Fintech
Companies:
Countries: World
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Banking & Fintech