Company Information

Get to know FastPay, an AvidXchange Company

Originally founded in 2009 as FastPay, the company focused on solving cash flow challenges and streamlining B2B payments within the digital media landscape. It provided financing and payment automation platforms for media buyers, agencies, and suppliers. In 2021, FastPay was acquired by AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions. FastPay's services and expertise have since been integrated into AvidXchange's offerings, creating a specialized vertical solution that helps media companies automate their entire invoice-to-pay process, from invoice receipt and approval to payment execution and reconciliation.

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Financial PSP GatewayPRIMARY
Financial Other Service

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FastPay, an AvidXchange Company

United States

Founded in

2009 (17 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.