FastPay

Founded in 2009, FastPay established itself as a key financial partner for the media ecosystem, offering essential tools for payment automation, invoice financing, and workflow management. The company was built to solve the cash flow challenges and operational inefficiencies common between media buyers (agencies) and sellers (publishers). In 2021, FastPay was acquired by AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions. The acquisition integrated FastPay's specialized media industry expertise into AvidXchange's broader B2B payment network, creating a comprehensive solution for media companies to manage and accelerate their payment cycles.